Oil prices declined on Monday after nearing their highest levels in six months late last week, amid tensions in the Middle East that kept supply concerns at the forefront. U.S. crude oil futures fell by $2.14, or 2.07%, to $101.13
per barrel as of 02:32 GMT. Brent crude futures also dropped by $2.12, or 1.82%, to $114.60. Prices had risen by about $3 at Friday's close due to worries over energy supplies. Brent crude ended the week up 6%, while
West Texas Intermediate crude increased by 2.3%.
