Oil prices decline; WTI crude slips below $65

Oil rigs

Oil prices edged lower on Monday amid a rise in coronavirus cases in some countries, including India.

International benchmark Brent crude was trading down 0.6% at $68.30 per barrel, at 4.57 pm Makkah time.

WTI crude fell 0.7% to $64.91 per barrel.

Gasoline shortages at fuel stations in the US slowly eased, as Colonial Pipeline's system recovered from a cyberattack. However, fuel disruptions may continue for states on the eastern and southern coasts over the next few weeks.