SINGAPORE: Oil prices fell on Monday, extending last week’s heavy losses, with traders fearing the global economic slowdown will weigh on future oil demand growth while pegging hopes for a rebound on progress in talks this week on ending the US-China trade war.
Brent crude futures edged down 24 cents to $58.13 a barrel by 0147 GMT while US West Texas Intermediate (WTI) crude was at $52.69, down 12 cents.
