Despite potential threats to U.S. oil production, European economic and Middle East security concerns sent oil prices lower for a third straight day. Brent crude oil prices fell more than 2.1 percent in early Monday trading to $62.50 per barrel. West Texas Intermediate, the U.S. benchmark, lost 1.6 percent to $58.98 per barrel. Both indices are below the price at which they started the month. Oil prices were lifted by upbeat forecasts on global demand from the Organization of Petroleum Exporting Countries last week. Optimism about the health of the world economy has helped oil prices recover from lows below the $50 per barrel mark in early 2015, though concerns about the […]