Oil falls to $126
Brent crude oil fell to $126 on Monday and US crude futures slipped after touching a 2-1/2-year high on prospects of a Libyan peace agreement and as Saudi Arabia restated its ability to pump more oil if needed.
Oil fell below $46 a barrel on Thursday to almost four-year lows on fears of deepening economic woes, which overshadowed bullish weekly US oil stocks data.