Oil Prices Down Slightly As Economic Worries Weigh On Demand

Oil prices extended last week’s losses and traded lower early on Monday, weighed down by lingering concerns about demand amid economic growth worries.  As of 7:08 a.m. EDT on Monday, the U.S. benchmark, WTI Crude, was trading down by 0.31% at $77.60. The international benchmark, Brent Crude, was down by 0.42% on the day at $81.30.  Oil continued the drop from last week, which was the first week in five to see a weekly decline in prices, as concerns about demand resurfaced despite data from China showing better-than-expected…