February Brent futures fell by $0.27 (0.36%) on the London ICE Futures exchange to $74.22 per barrel. On Friday, Brent rose by $1.08 (1.5%) to $74.49 per barrel.
January WTI futures fell by $0.39 (0.55%) on electronic trading on the New York Mercantile Exchange NYMEX to $70.9 per barrel. During the previous session, the contract rose by $1.27 (1.8%) to $71.29 per barrel.