India, Feb. 24 -- Oil prices were little changed on Monday, after having fallen sharply to a near two-month low on Friday, weighed down by concerns about the outlook for demand, and recent data showing a jump in crude inventories.
Benchmark Brent crude futures slipped 0.1 percent to $73.97 a barrel in European trade while WTI crude futures were down 0.1 percent at $70.30.
Fears of oversupply contributed to the decline following reports of likely resumption of oil exports from Kurdistan.
Reuters said quoting sources with direct knowledge of the matter that the Trump administration is piling pressure on Iraq to allow Kurdish oil exports to restart or face sanctions alongside Iran.
Quoting an official from Iraq's Oil Ministry, it was said ...