Oil prices down almost US$1 in early trading

BEIJING: Oil prices lost nearly US$1 on Monday after the market opened, falling back from their highest in nearly six months.
US crude futures were down 99 cents, or 0.96 per cent, at US$102.28 per barrel by 23:15 GMT. Brent crude futures were down 93 cents or 0.8 per cent at US$115.79.
Prices had settled nearly US$3 higher on Friday after Houthi attacks in Saudi Arabia stoked energy supply concerns.
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