Oil prices fall more than 1% on profit-taking
<p>Singapore: Oil prices fell more than 1% on Monday as investors took profits after two consecutive weeks of gains.</p> <p>Brent crude futures fell $1.22, or 1.29%, to $93.17 a barrel.</p> <p>US West Texas Intermediate (WTI) crude fell $1.20, or 1.38%, to $85.86 a barrel.</p> <p>Both benchmarks posted their second consecutive weekly gains last week, rising more than 5%.</p>
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