Oil Price Rally Ends Along With Peak Of Summer Driving Season

Oil prices ended their rally on Monday, falling nearly 1% as market sentiment weighs concerns of falling demand now that the peak of the summer driving season is behind us.  At 12:10 p.m. ET on Monday, Brent crude was trading at $85.53, down 0.92% for a 79-cent loss on the day. West Texas Intermediate (WTI) was trading at $82.01, down 0.98% for an 81-cent loss on the day.  The drop comes after six straight weeks of gains for both Brent and WTI.  At the beginning of the summer driving season, optimism was running high with…