MarketWatch | Oil takes a hit from global market jitters, sending Brent to 1-month lows MarketWatch Oil prices headed sharply lower on Monday, building on last week's losses that were driven in large part by a stronger dollar and rising U.S. crude production. March West Texas Intermediate crude CLH8, -2.41% fell $1.51, or 2.3%, to $63.94 a barrel on ... Oil hits the skids as dollar firms |