Oil prices were pushed lower by a transcriptof the latest Fed meeting that showed some policymakers expressing doubts about the central bank's bond-buying program.
The transcriptof the December 12 Fed meeting is a whirr of mind-numbing statistics and detailed reports of economic conditions in each of the districts, interrupted by questions, answers, and back-and-forth discussion.
Monday's decline in oil prices follows the release of a transcriptof the Federal Reserve's December meeting showing that policymakers disagreed over how long to keep a bond-purchase program in place.
Investors are looking to the release later in the day of a transcriptof last month's Federal Reserve policy meeting for insights into the Fed's latest views on the health of the U.S. economy.