US Crude Edges Lower as Investors Weigh Supply Signals

U.S. oil prices erased early gains and posted a fourth straight session of declines Monday, with investors continuing to weigh a wave of supply signals.

Light, sweet crude for October delivery closed down 21 cents, or 0.3%, at $67.54 a barrel on the New York Mercantile Exchange, coming off its worst week in nearly two months. Brent crude, the global benchmark, rose 54 cents, or 0.7%, to $77.37 a barrel. Prices have been stuck in a range for weeks well below multiyear highs hit earlier in the year, moving based on weekly U.S….

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