Oil extends decline as Strait of Hormuz flows improve

Oil futures fell for a fourth straight session midday Monday as improving flows through the Strait of Hormuz and efforts to revive U.S.-Iran talks eased near-term supply concerns. As of 12 p.m. ET, October WTI fell $4.66 to $95.64/bbl and November WTI was down $3.97 at $92.0/bbl.