Greek crisis pushes oil below $62

Oil fell more than $1 to below $62 per barrel on Monday, its lowest in three weeks, as Greece shut its banks and imposed capital controls, causing investors to flee from riskier assets and darkening the demand outlook. Brent crude LCOc1 was down $1.66 at $61.60 a barrel by 1018 GMT (06:18 EDT). It fell to its lowest since June 5. It was heading for its lowest closing price since April 15. US crude CLc1 was down $1.40 at $58.23 a barrel, its lowest since June 9, according to Reuters.