Oil falls as oversupply weighs

01 August 2016, London — Oil prices fell on Monday, reversing earlier gains, as increases in OPEC production and U.S. oil rig additions continued to weigh on the market. Brent crude was down $0.37 at $43.16 a barrel at 1200 GMT (0800 EDT) from the previous settlement, after reaching an intra-day high of $43.85 in […] More »