NEW DELHI: Oil prices fell in Asian trade on Monday after a survey on Friday showed weaker US consumer demand and May crude output rose in China, the world’s biggest crude importer, according to Reuters. Global benchmark Brent crude for August delivery was down 40 cents, or 0.5 percent, at $82.22 a barrel at 9:31 a.m. Saudi time. U.S. West Texas Intermediate crude futures for July delivery fell 36 cents to $78.09 a barrel. The more active VTI August delivery contract fell 0.5 percent to $77.7 a barrel.
