MarketWatch | Oil prices extend fall from last week MarketWatch Oil futures fell on Monday on rising U.S. oil output, extending a slide from the end of last week. On the New York Mercantile Exchange, light, sweet crude futures CLH7, -0.49% traded at $52.89 a barrel, down 28 cents in the Globex electronic session. Hedge funds load up on oil calendar spread options to bet on rebalancing: Kemp |