SINGAPORE (Reuters) - London Brent crude and U.S. oil fell by more than $2 a barrel on Monday after OPEC decided at its weekend meeting to defer a third supply cut.
By 0817 GMT, U.S. oil for January delivery was down $2.16 a barrel to $52.27.
January Brent crude was down $2.38 at $51.11 a barrel.
(Reporting by Maryelle Demongeot; Editing by Clarence Fernandez)
