UK: Oil falls on renewed lockdowns, stronger dollar
LONDON (Reuters) - Brent crude oil prices fell as much as $1 per barrel on Monday, hit by renewed concerns about global fuel demand amid tough coronavirus lockdowns across the globe, as well as a stronger U.S. dollar.
Brent was down 80 cents, or 1.4%, at $55.19 a barrel at 1010 GMT, after falling $1 to a session low of $54.99 earlier.
U.S. West Texas Intermediate (WTI) slipped 49 cents, or almost 1%, to $51.75 a barrel.
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