AI Summary

U.S. crude oil prices dropped more than 2% on Monday as traders balanced the risk of additional attacks on Saudi Arabian energy infrastructure with worries that high prices might suppress demand. West Texas Intermediate futures fell 2.19% to $101 a barrel, while Brent crude futures slipped 1.89% to $114.51 a barrel. The market reaction reflects concerns that sustained elevated prices could erode consumption despite geopolitical tensions.

AI summaries can be wrong sometimes—always verify important details using the source article.