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Oil prices fell in the international market on Monday, as worries loomed of a persisting global oil glut despite slumping demand and US-China trade tensions. Brent crude slipped 0.9%, to $26.20 a barrel. U.S. WTI crude was traded 5.8% lower, at $18.64 a barrel. Chief Market Strategist, CMC Markets said that “As optimism fades around global growth prospects, oil is giving up (last week’s) gains, aided by a strengthening U.S. dollar”.