By Arathy Somasekhar HOUSTON (Reuters) -Global oil benchmark Brent crude fell more than $1 on Monday on expectations that U.S. production could rise even as weaker economic data out of China and the country’s widening COVID-19 curbs weighed on demand. Brent crude futures dropped $1.22, or 1.3%, to $94.55 a barrel. U.S. West Texas Intermediate (WTI) crude fell $2.41 to $85.49 a barrel, a 2.7% loss. Both benchmarks, however, are on track for their first monthly gains since May. Oil output in the United States climbed to nearly 12 million barrels per day in August, the highest since the onset of …