Oil prices fell during Monday's trading after posting their largest weekly gain in over a year last week. This decline came amid growing concerns over increased supplies, coupled with weak demand, which reduced the impact of fears regarding the expansion of the war in the Middle East and its potential to disrupt oil exports from the key production region.
Brent crude futures dropped by 31 cents, or 0.4%, to $77.74 per barrel. Meanwhile, November West Texas Intermediate (WTI) crude futures fell by 20 cents, or 0.27%, to $74.18 per barrel
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