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[size=32]Lower oil prices with increased supply forecast[/size]
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[rtl]Crude oil futures fell on Monday as the market was hit by a rise in US production to a record high and expectations of an increase in supplies from the Organization of the Petroleum Exporting Countries (OPEC).[/rtl]
[rtl]Brent crude <LCOc1> fell 34 cents, or 0.4 percent, to $ 76.45 a barrel by 5:31 GMT, down for a second session.[/rtl]
[rtl]West Texas Intermediate crude futures fell 3 cents to $ 65.78 a barrel. The market lost about 3 percent last week, after falling about 5 percent in the previous week, according to "Reuters."[/rtl]
[rtl]HA[/rtl]
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