Fears over China’s oil demand have eased, and attention is turning to Middle East negotiations
Oil prices fell on Monday on worries about slowing demand in China, the world’s biggest oil importer. Brent crude futures were down 13 cents, or 0.2%, at $79.55. U.S. for America West Texas Intermediate crude futures were down 0.2%, or 13 cents, at $76.52 a barrel. The country’s industrial production fell and unemployment rose. That…