Oil prices fell on Monday. They extend the losses of the previous session after the dollar rose

Brent oil futures lost 35 cents, or 0.4%, to $81.27 per barrel at 0419 GMT, while West Texas Intermediate (WTI) oil futures lost 35 cents, or 0.5%, to $76.14 per barrel, while the US dollar strengthened. This fall comes on top of the losses suffered last week, when Brent fell by around 2% and WTI fell by more than 3% following indications that the reduction in American interest rates could be postponed for two months due to rising inflation. Oil prices have been between $70 and $90 per barrel since November, with increased supply in the United States and concerns about weak demand in China offsetting OPEC+ supply cuts despite the two raging wars