Published May 4, 2015 2:34pm EDT | Updated May 21, 2015 1:31pm EDT

Nymex Oil Settles Lower For a Second Straight Session

Oil futures settled lower on Monday, with a monthly decline in Chinese manufacturing activity dulling prospects for crude demand. June crude settled at $58.93 a barrel on the New York Mercantile Exchange, down 22 cents, or 0.4%.