Accra:Oil prices experienced a decline on Monday, following a surge that brought them close to six-month highs late last week.

According to Wam, US crude futures decreased by $2.14, or 2.07 percent, settling at $101.13 per barrel as of 0232 GMT. Similarly, Brent crude futures saw a drop of $2.12, or 1.82 percent, reaching $114.60.

Prices had notably increased by nearly $3 on Friday, with Brent finishing the week up by 6 percent and WTI ending 2.3 percent higher.