Brent, WTI falls over 1 on China, US dollar strength
China39;s latest stimulus package fell short of expectations
US storm Rafael subsides

Nov 11 Reuters Oil prices fell on Monday, after China39;s stimulus plan disappointed investors seeking fuel demand growth in the world39;s No. 2 oil consumer and as the U.S. dollar edged higher.

Brent crude futures fell 1.10, or 1.5 to 72.77 a barrel by 1101 GMT while U.S. West Texas Intermediate crude futures were at 69.17 a barrel, down 1.21, or 1.7.

Both benchmarks fell more than 2 on Friday.

The dollar firmed 0.40, as traders prepared for a key reading of U.S. consumer inflation this week, as well as a parade of Federal Reserve speakers, including Chair Jerome Powell on Thursday.

A stronger dollar makes greenbackdenominated commodities such as oil more expensive for holders of other currencies and tends to weigh on prices.

In China, consumer prices rose at the slowest pace in four months in October while producer price deflation deepened, data showed on Saturday, even as Beijing doubled down on stimulus to support the sputtering economy.

Chinese inflation figures were again weak, with the market fearing deflation, particularly as the yearly change in the producer price index fell further into negative territory…, Chinese economic momentum remains negative, said Achilleas Georgolopoulos, market analyst at brokerage XM.

The latest support measures will not revive China39;s oil demand growth or crude oil imports, said…