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Oil prices fell about 1 percent on Monday as Iraq's production rose and as Iran said it would only cooperate in producer talks to freeze output if fellow exporters recognized its right to fully regain market share. International Brent crude oil futures were trading at $49.32 per barrel at 0558 GMT, down 60 cents, or 1.2 percent, from their previous close. U.S. West Texas Intermediate (WTI) crude futures were down 66 cents, or 1.39 percent, at $46.98 a barrel.
FARMINGDALE, N.Y. (AP) — Patrick Reed occupied the eighth and final spot in the Ryder Cup standings going into the final qualifying event, which brought him the attention no one wants. He was the guy on the bubble, and most of the chatter was negative.