Oil futures mark fourth losing session in a row

Oil futures finished lower Monday to tally a fourth session of losses in a row, as data from China fed concerns about slowing energy demand from the world’s second-largest oil consumer.

December West Texas Intermediate crude CLZ5, +0.59%  fell by 42 cents, or 1%, to settle at $43.87 a barrel on the New York Mercantile Exchange. December Brent crude LCOZ5, +0.32%  on London’s ICE Futures exchange slipped by 23 cents, or 0.5%, to $47.19 a barrel.

Both WTI and Brent had posted declines over the previous three trading sessions.

“The combination of confirmed evidence of global trade weakness, and a huge

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