Oil futures settled with a loss on Monday, with U.S. prices down for the first time in three sessions.
A key meeting of major oil producers that was originally expected Monday was pushed to Thursday, contributing to uncertainty in the market as traders await news potential crude production cuts.
May West Texas Intermediate oil fell $2.26, or 8%, to settle at $26.08 a barrel on the New York Mercantile Exchange following two consecutive sessions of gains.
Source : Market Watch