Mon, 14 Sep 2015 10:56:04 GMT
Oil lower amid weaker demand
Crude prices dropped on Monday, as weakening demand weighed on markets, although the US futures were supported by reduced American drilling. Futures for WTI were traded 0.54% lower at $44.41 per barrel, while contracts for Brent fell 1.16% to $48.46 per barrel by 08:10 AM GMT. Meanwhile, analysts say that the major downside risks for oil come from uncertainty over