Prices for the U.S. oil benchmark shifted lower in Monday dealings to trade near the day’s lows. The market is showing concerns about Hurricane Florence in the Atlantic and its potential to weaken energy demand on East Coast, said Phil Flynn, senior market analyst at Price Futures Group. The storm is expected to approach the coast of South Carolina and North Carolina on Thursday, according to the National Hurricane Center. October West Texas Intermediate oil CLV8, -0.27% fell 25 cents, or 0.4%, to $67.50 a barrel on the New York Mercantile Exchange, near the day’s low of $67.37. Prices traded as high as $68.52 earlier.
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