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Gasoline drips off a nozzle during refueling at a gas station in Altadena
Brent crude falls to 16-month low on bleak data
Brent crude extended losses to hit a 16-month low below $96 a barrel on Monday, as weak U.S. and Chinese economic data fanned renewed fears of a global economic slowdown, which would hit oil demand. Brent crude fell for a fifth trading day, and at 1157 GMT was at $97.03 a barrel, or $1.40 lower, having briefly touched $95.63, its lowest since January 2011. U.S. crude fell $0.87 to $82.36 a barrel
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