LONDON (Dow Jones)--Crude futures fell more than $1.00 Monday as signs the global economic recovery may be stalling fuelled concerns over oil demand.
Oil prices extended losses made on Friday after data released by China Sunday showed oil imports to China, the world's largest energy consumer, fell to their lowest level in eight months in June and concerns over euro-zone contagion dented risk appetite.
At 1034 GMT, the front-month August Brent contract on London's ICE futures exchange was down $1.26, or 1.1%, at $117.07 a barrel.
The front-month August contract on the New York Mercantile Exchange ...
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