- Oil prices fell on Monday along with equities due to fears of a fresh financial crisis.
- Fears of contagion from the failure of Silicon Valley Bank led to a selloff in U.S. assets.
- Weak dollar lent some support to prices.
- U.S. energy firms cut the number of oil and natural gas rigs operating for a fourth week in a row.
Crude oil prices fall as banking fears rattle markets
Oil prices fell on Monday along with equities as the collapse of Silicon Valley Bank raised fears of a fresh financial crisis, but a recovery in Chinese demand provided support.
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