Futures Movers: Oil falls nearly 4% after weaker China, U.S. economic readings

Oil futures start August on a down note Monday, under heavy pressure after disappointing data on activity in China and the U.S., worries about the spread of the Delta variant of the coronavirus that causes COVID-19 and rising output by OPEC+ producers.

Oil futures start August on a down note Monday, under heavy pressure after disappointing data on activity in China and the U.S., worries about the spread of the Delta variant of the coronavirus that causes COVID-19 and rising output by OPEC+ producers.