Oil falls on rising output from OPEC and United States

FILE PHOTO: Oil tanker is seen at sunset anchored off the Fos-Lavera oil hub near Marseille, France, October 5, 2017. REUTERS/Jean-Paul Pelissier/File Photo

SINGAPORE (Reuters) – Oil prices fell on Monday amid rising supply from OPEC and the United States, outweighing concerns that falling Iranian output will tighten markets once U.S. sanctions bite from November. International Brent crude oil futures were at $77.43 per barrel at 0222 GMT, down 21 cents, or 0.3 percent, from their last close. […]

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