Oil eases after two-day gain, rising U.S. production weighs

By Naveen Thukral SINGAPORE (Reuters) - Oil ticked lower on Monday, falling for the first time in three sessions as prospects of rising U.S. production weighed on the market. U.S. energy companies last week added the most rigs drilling for new production in almost four years. U.S. oil production has risen more than 6 percent since mid-2016, although it remains 7 percent below a historic high in 2015.