Oil slips as Trump's sanction waiver may lead to more Russian fuel supplies
USO•Oil prices fell in early Asian trade after Donald Trump waived sanctions and tariffs on Russia, a move that may lead to more Russian fuel exports. Brent fell 0.96% to $108.80 a barrel, while U.S. WTI fell 0.23% to $101.18.
1. Oil prices fall
Brent crude futures fell $1.06, or 0.96%, to $108.80 a barrel by 2214 GMT on Monday, after settling at their highest since May 19 on Friday. U.S. West Texas Intermediate crude was down 23 cents, or 0.23%, at $101.18 a barrel.
