By

Myra P. Saefong

Referenced Symbols

Oil futures settled lower on Monday, as weak economic data from China fed concerns over a slowdown in energy demand. U.S. benchmark West Texas Intermediate crude for November delivery CLX22, -1.96% fell $1.51, or 1.6%, to settle at $91.13 a barrel on the New York Mercantile Exchange. Prices for the commodity gave back a portion of Friday’s 4.7% gain.

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About the Author

Myra P. Saefong, assistant global markets editor, has covered the commodities sector for MarketWatch for 20 years. She has spent the bulk of her years at the company writing the daily Futures Movers and Metals Stocks columns and has been writing the weekly Commodities Corner column since 2005.

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