U.S. crude prices on Monday extended a run of declines that have erased all gains since the Russian invasion of Ukraine and highlighted concerns about the impact of slowing global growth spreading across commodity markets. West Texas Intermediate crude futures fell $2.68 per barrel, or 2.9%, to $89.41 on Monday, off nearly 30% from their highs of about $124 in March when worries about supply disruptions and shortfalls sent prices to multiyear peaks. Now, the prospect of economic slowdown hurting demand is weighing on prices, even as some traders expect major producers to increase supply. “It’s a double whammy hitting the market,” said Ole Hansen, head of commodity strategy at Saxo Bank. “The demand side is showing weakness, while supply could potentially step up.” Slowing economic growth in China, as reflected in data released Monday , is prompting concerns about weakening demand from a country that consumes about 15% […]