SINGAPORE, Nov 22 (Reuters): Oil prices came off seven-week lows on Monday but remained under pressure after Japan said it was weighing releasing oil reserves and as the Covid-19 situation in Europe worsened, raising concerns about both oversupply and weak demand.
Brent lost 26 cents, or 0.3%, to $78.63 a barrel as of 0725 GMT and US West Texas Intermediate (WTI) crude futures were down 12 cents, or 0.2%, at $75.82 a barrel.
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