Oil falls by nearly 2% as recession fears outweigh tight supply prospects

NEW YORK( Reuters)- oil painting prices sank by nearly 2 on Monday, after five straight sessions of earnings, as investors bothered that profitable storm shadows could herald a global recession and erode energy demand. Brent crude futures settled at$96.19 a barrel, down$1.73, or1.8. West Texas Intermediate crude settled at$91.13 a barrel, losing$1.51,1.6. Both marks had risen over the former week […]