Oil futures settle lower after weak economic data from China

Oil futures settled lower on Monday, as weak economic data from China fed concerns over a slowdown in energy demand. U.S. benchmark West Texas Intermediate crude for November delivery
CLX22,
-0.60%
fell $1.51, or 1.6%, to settle at $91.13 a barrel on the New York Mercantile Exchange. Prices for the commodity gave back a portion of Friday’s 4.7% gain.