(Reuters) - Oil fell on Monday, as investors took profit after U.S. crude prices leapt more than $2 to their second-highest close on record, fuelled by upbeat signals on the U.S. economy and nagging supply worries.
U.S. crude for September delivery fell 31 cents to $76.71 a barrel in Globex electronic trading by 0733 GMT, trimming Friday's $2.07, or 2.76 percent, surge that took oil to just a cent shy of its record-high settlement price of $77.03, marked on July 14, 2006.
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U.S. crude for September delivery fell 31 cents to $76.71 a barrel in Globex electronic trading by 0733 GMT, trimming Friday's $2.07, or 2.76 percent, surge that took oil to just a cent shy of its record-high settlement price of $77.03, marked on July 14, 2006.
Read more at Reuters Africa
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