Oil prices fell more than 1 percent on Monday after a survey found that growth in factory activity slipped sharply in China, the world's second-largest oil consumer.
Brent crude oil futures for October delivery fell 99 cents, or 1.3 percent, to $74.42 a barrel, while U.S. West Texas Intermediate (WTI) crude futures for September settlement dropped 117 cents, or 1.6 percent, to $72.78 a barrel.
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