Oil Market Update

Oil futures fell Monday, finding renewed pressure after data showed Japan unexpectedly fell back into recession in the third quarter, highlighting concerns about demand.

West Texas intermediate futures for December delivery on Nymex CLZ4, -0.54%  fell 78 cents, or 1%, to $75.04 a barrel. January ICE Brent futures LCOF5, -0.50%  dropped 92 cents, or 1.2%, to 78.49 a barrel.

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