Oil prices down almost $1 in early trading

BEIJING, Oct 26 : Oil prices lost nearly $1 on Monday after the market opened, falling back from their highest in nearly six months.

U.S. crude futures were down 99 cents, or 0.96 per cent, at $102.28 per barrel by 23:15 GMT. Brent crude futures were down 93 cents or 0.8 per cent at $115.79.

Prices had settled nearly $3 higher on Friday after Houthi attacks in Saudi Arabia stoked energy supply concerns.