NEW YORK--U.S. oil prices turned downward Monday on a mix of several signals that suggested traders may be overexposed to risks from a growing supply of oil.

Light, sweet crude for July delivery settled down 24 cents, or 0.2%, at $102.47 a barrel on the New York Mercantile Exchange. Brent crude on ICE Futures Europe also settled down 47 cents, or 0.4%, at $108.94 a barrel.

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