Reuters | Oil falls as oversupply weighs Reuters LONDON Oil prices fell on Monday, reversing earlier gains, as increases in OPEC production and U.S. oil rig additions continued to weigh on the market. Brent crude was down $0.37 at $43.16 a barrel at 1200 GMT (0800 EDT) from the previous settlement, ... Oil prices up in Asia but oversupply worries weigh Oil Slides After Biggest Monthly Loss in Year as U.S. Adds Rigs New orders for the new month drive oil higher |