Published August 29, 2016 2:52pm EDT | Updated August 29, 2016 3:04pm EDT

Oil Futures Settle Under $47 a Barrel On Nymex

Oil futures fell Monday as doubts that major oil producers will reach a pact next month to stabilize production prompted prices to settle lower for the first time in three sessions. October WTI crude fell 66 cents, or 1.4%, to settle at $46.98 a barrel on the New York Mercantile Exchange.