OIL PRICE: NEAR $63
REUTERS - Oil fell below $64 a barrel on Monday, reversing an earlier gain, pressured by the prospect of a faster-than-expected full restart of Saudi Arabian oil output and by fresh signs of European economic weakness.
A source, briefed on the latest developments in the Sept. 14 attack on Saudi oil facilities, said Saudi Arabia has restored around 75% of crude output lost.
Oil was up earlier in the session, supported by scepticism over how fast output would come back.
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