Oil futures settled lower on Monday as a monthly decline in Chinese manufacturing activity dulled the outlook for crude demand, pushing prices back below $59 a barrel.On the New York Mercantile Exchange, June crude CLM5, -0.15% settled at $58.93 a barrel, down 22 cents, or 0.4%.
Brent crude for June delivery LCOM5, -0.11% on London’s ICE Futures exchange fell a penny to end at $66.45 a barrel.
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