Oil futures dropped again Monday, as investors pushed geopolitical concerns surrounding violence and unrest in Ukraine and Iraq to the back burner.
On the New York Mercantile Exchange, light, sweet crude futures for delivery in September CLU4, +0.44% fell 94 cents, or 0.9%, to close at $96.41 a barrel. October Brent crude LCOV4, +0.24% on London’s ICE Futures exchange fell $1.93 to $101.60, its lowest finish in more than a year..
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