LONDON: Oil prices fell on Monday as force majeure at Libya’s largest oilfield was lifted, a Norwegian strike affecting production ended and U.S. producers began restoring output after Hurricane Delta.
Brent crude fell 52 cents, or 1.2%, to $42.33 a barrel by 1052 GMT and U.S. West Texas Intermediate was down 58 cents, or 1.4%, at $40.02.