On Monday, oil prices fell slightly. Concerns about higher and longer interest rates are resurfacing and the dollar is rising

Brent oil futures slid 5 cents to $85.19 per barrel at 0417 GMT, after falling 0.6% on Friday. West Texas Intermediate crude oil futures were at $80.66 per barrel, down 7 cents. Analysts at ANZ reported that U.S. crude inventories fell while gasoline demand increased for the seventh consecutive week and jet fuel consumption returned to 2019 levels