Mubasher: Oil prices fell on Monday, amid a growing anticipation of the Organization of the Petroleum Exporting Countries (OPEC) summit, which will take place on 30 November.
Nymex futures for December delivery fell 0.8% to the level of $56.09 per barrel, while Brent crude decreased by 0.9% to $62.16 per barrel.
Data recently showed that the number of US oil rigs settled at a total of 738 rigs.