Oil prices fell in early Asian trading on Monday, paring gains from the previous session as fears of a global recession weighed on the market while supply shortages persisted.
Brent crude futures fell 35 cents, or 0.3 percent, to $111.28 a barrel at 0016 GMT, after jumping 2.4 percent on Friday.
Likewise, US West Texas Intermediate crude futures fell 32 cents, or 0.3 percent, to $108.11 a barrel, after rising 2.5 percent on Friday.
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