Oil falls after loadings resume at key Russian export hub
Oil prices fell in early Asian trade on Monday, erasing last week's gains, as loadings resumed at the key Russian export hub of Novorossiysk after a two-day suspension at the Black Sea port that had been hit by a Ukrainian attack. Brent crude fell 0.9% to $63.81/bbl; WTI dropped 1.0% to $59.50/bbl.