Oil prices are down in early Asian trade after US President Donald Trump waived sanctions and tariffs on Russia. The move could lead to increased Russian fuel exports, easing supply concerns.
- Brent crude futures fell $1.06 (-0.96%) to $108.80/barrel.
- US WTI crude was down $0.23 (-0.23%) to $101.18/barrel.
This development follows Friday's settlement where Brent hit its highest since May 19.
Oil slips as Trump’s sanction waiver may lead to more Russian fuel supplies
INVESTING.COMOct 18, 10:24 PM UTC
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