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Oil prices revolve in the form of trading wars in the financial markets.

During the rise in demand, raw markets raised their biggest monthly losses and barred trade wars due to global business downturn fears.

Singapore: Oil prices fell more than 1% on Monday, more than 3% losses on Friday when the raw market raised its biggest monthly loss in six months between declines in demand and trade wars global economic Removed fears of a recession.

The price was down by more than 3% on Friday, which has done the worst performance for the crude oil futures month since last November.

Front-month Brent Crude Futures was at $ 61.16 on 0109 GMT. It was 83 cents or 1.3% below Friday's closure.

US West Texas Intermediate (WTI) crude futures was $ 52.88 per barrel, which was 62 cents down, or 1.2% was its final settlement.

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