Oil was trading below $74 a barrel early Monday, near its lowest level in two weeks, on concerns that a slowing economy could hurt demand, Bloomberg reported.
Crude futures for October delivery slipped to $73.59 a barrel on the New York Mercantile Exchange, Bloomberg said.
Oil fell almost $3 last week on the Nymex. The October delivery contract expires Tuesday.
The Department of Energy will release its weekly survey of diesel and gasoline pump prices Monday afternoon in Washington.
Transport Topics
