Oil futures declined on Monday, with U.S. prices settling below $80 a barrel — at their lowest in more than a week. “Most energy traders are still on the sidelines until we get a clearer picture on the global growth outlook,” said Edward Moya, senior market analyst at OANDA. May West Texas Intermediate crude
CLK23,
fell 96 cents, or 1.2%, to settle at $79.74 a barrel on the New York Mercantile Exchange. That was the lowest front-month contract finish since March 31, according to Dow Jones Market Data.
