Oil Falls to Near $69 a Barrel

Crude oil fell to near $69 a barrel early Monday as production increased and on concerns about high unemployment crimping economic growth, Bloomberg reported.

Oil fell as much as 82 cents to $69.13 a barrel in early trading on the New York Mercantile Exchange, down from Friday’s $69.95 closing price, Bloomberg said.

The Energy Department comes out with its weekly survey of diesel and gasoline prices Monday afternoon in Washington.