Brent turns lower after humping above $71

Oil prices fell on Monday, to pare their early gains that came due to fears following the attacks on Saudi oil facilities.

Saudi Arabia stated yesterday that some oil tanks, in one of the world's largest oil shipping ports, came under missile and drone attacks, and described the attacks as terrorist aimed at sabotaging the stability of the global oil supply.

The dollar index rose against a basket of currencies by 0.3% to 92.2 points as of 16:03 GMT, after it hit a high of 92.3 points and a low of 91.8 points.

As of 17:18 GMT, WTI crude April futures fell 1.2% to $65.2 a barrel, after hitting a high of $67.9 and a low of $64.9.

Brent May futures fell 1.2% to $68.5 a barrel, after hitting a high of $71.3 and a low of $68.2.