On the New York Mercantile Exchange, light, sweet crude futures for March delivery CLH5, -2.07% traded at $46.95 a barrel, down $1.24 in the Globex electronic session. Nymex crude lost 9.4% last month and has been down for seven consecutive months.
Brent crude for March delivery LCOH5, -1.91% fell $1.31, or 2.5%, to $51.60 a barrel on London’s ICE Futures exchange.
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