Oil Prices Slip Nearly $1 in Early Trading

Oil prices fell nearly one dollar in early Monday trade following recent six month highs. The decline comes after the market settled higher on Friday due to supply concerns from attacks in Saudi Arabia.

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FILE PHOTO: Oil pumps operate after sunset outside Vaudoy-en-Brie, near Paris, France, March 18, 2026. REUTERS/Christian Hartmann/File Photo

West Texas Oil fell 99 cents, or 0.96%, to $102.28 per barrel during Monday's late evening trading. The drop follows a nearly $3 surge on Friday after attacks in Saudi Arabia stoked global supply concerns. Prices retreated from their highest levels in nearly six months following the initial market open.

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