Oil fell in price on Monday, with Brent down 0.72% to $72.09. WTI dropped 0.59% to $68.88. A negative factor was the continuing worsening of the coronavirus in the world, which which gave players concerns about the outlook for demand. In addition, the sentiment was affected by Friday's weak statistics on U.S. The mood was also affected by Friday's weak U.S. jobs data, which saw quotations finish last week down more than 1%. week dropped more than 1%. Pressure on the latter was also put by Saudi Arabia's intention to lower oil prices for the Asian region, which it announced on Sunday. According to Rystad Energy analyst Bjornar Tunhoegen, published by Bloomberg, market participants really feel insecure and will be catching signals that will them to get an idea of future oil demand. This is due to the fact that new strains of the coronavirus haven't stopped spreading, he explained.