Brent holds narrowly above $95/b threshold

01.11.2022

Oil prices fell on Monday after weaker than expected factory activity data out of China and on concerns that the country's widening COVID-19 curbs will curtail demand.

Brent crude futures dropped 69 cents, or 0.7%, to $95.08 a barrel by 1240 GMT, extending Friday's 1.2% decline.

U.S. West Texas Intermediate (WTI) crude...