Crude oil futures ended in red on Monday on demand Concerns. Concerns about the outlook for energy demand from China hurt oil prices. Traders looked ahead to the release of key U.S. inflation and other data this week that could have a significant impact on the outlook for interest rates. Oil prices retreated a bit after having climbed to 10-month highs last week on Saudi Arabia and Russia's decision to extend their supply cuts.
Benchmark crude oil futures for October delivery fell $0.22 or 0.3 percent to settle at $87.29 a barrel on the New York Mercantile Exchange. However, Brent crude for November delivery added $0.20 or 0.22 percent to settle at $90.64 a barrel on London's Intercontinental Exchange.