Oil prices finished at a new three-month low Monday after briefly dropping below $113 a barrel mark, as the U.S. dollar extended its rebound and more signs emerged that China's energy demand could be levelling off.
Crude, which fell as low as $112.72 a barrel during the session, has been plummeting in recent weeks from its record of $147.27 on July 11.
338
Oil Prices At 3 Months Low
Oil prices finished at a new three-month low Monday after briefly dropping below US$113 a barrel mark