Tag Archives: settling

US crude falls 3.1 percent, settling at $51, erases gains on OPEC deal

Diego J. Robles | The Denver Post | Getty Images Oil prices fell 3 percent on Monday, echoing the weakness in global stock markets as the focus returned to demand growth concerns. Crude prices erased the gains they made on Friday following an OPEC-led decision to cut output. Losses in Europe and Asia extended to Wall Street on… Read More »