Oil prices fall as supply concerns ease

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.

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