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Find all the economic and financial information on our Orishas Direct application to download on Play StoreA survey revealed lower demand from American consumers and increased rough diamond production in May in China, the world's largest rough diamond importer. As a result of these events, oil prices fell in Asian trade on Monday.
Brent oil futures for delivery in August were down 29 cents, or 0.4%, to $82.33 per barrel at 0330 GMT. West Texas Intermediate crude oil futures for July delivery were also down 29 cents to $78.16 per barrel. The more active WTI contract for delivery in August fell by 0.4% to $77.76
per barrel.The two benchmark contracts still gained nearly 4% last week, the largest weekly percentage increase since April, thanks to signs of stronger fuel demand.
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