MarketWatch | Oil holds under $60 as traders weigh China demand MarketWatch Oil futures settled lower Monday, lingering below $60 a barrel, as traders considered the outlook for crude demand after China stepped up efforts to boost its economy. Analysts, meanwhile, remained cautious about the recent strength in oil markets. Oil price fluctuates as China announces new stimulus Did Low Oil Prices Actually Hurt U.S. Economy? UPDATE 7-Oil slips lower amid debate on US shale oil recovery |