LONDON: Oil market momentum was kept in check on Monday as prices fluctuated in and out of negative territory, with traders on edge despite the U.S. pulling back from initial sanctions threats against Colombia, reducing immediate concern over oil supply disruptions.
Brent crude futures fell 36 cents, or 0.5%, to $78.14 a barrel by 1200 GMT. U.S. West Texas Intermediate crude was at $74.27, down 39 cents, or 0.5%.
