NEW YORK, Jan. 30 (Xinhua) -- Oil prices declined on Monday, extending the losses they had suffered in the prior week.
The West Texas Intermediate (WTI) for March delivery dropped 1.78 U.S. dollars, or 2.23 percent, to settle at 77.9 dollars a barrel on the New York Mercantile Exchange. Brent crude for March delivery lost 1.76 dollars, or 2.03 percent, to close at 84.9 dollars a barrel on the London ICE Futures Exchange.
