Reuters: Oil falls 1.5 pct, nears $100 mark on profit taking

[chris]

Oil falls 1.5 pct, nears $100 mark on profit taking
      

SYDNEY (Reuters) - Oil fell by $1.50 to near the $100 a barrel mark on Monday, extending last week's deep losses as funds sought to lock in first-quarter profits and Saudi Arabia reassured consumers of its plans to boost supply.
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