Singapore — Oil prices fell more than 1% on Monday, extending losses of more than 3% from Friday, when crude markets slipped to their biggest monthly losses in six months amid stalling demand and as trade wars fanned the fear of a global economic slowdown.

Front-month Brent crude futures were at $61.12 at 4.44am GMT. That was 87c, or 1.4%, below Friday’s close...

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