Oil futures finish lower on Monday after recording their largest weekly gain in three months on Friday, as traders await monthly oil reports due out later this week.

Oil futures end a bit higher Monday after marking their longest losing streak of weekly declines since 2018 on concerns about a slowing global economy and booming U.S. supply.

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India on Thursday played down the threat of the US imposing sanctions on countries buying Russian oil, saying it is confident of meeting its needs from alternative sources. Oil Minister Hardeep Singh ...