Singapore: Oil prices edged lower on Tuesday, extending losses from the previous day, as concerns regarding long-term disruptions to Middle East supplies began to ease.
Brent crude futures fell 24 cents, or 0.23%, to $92.33 a barrel, while US West Texas Intermediate (WTI) futures fell 35 cents, or 0.40%, to $86.50 a barrel.
In subsequent trading, Brent crude fell further to $91.56 per barrel, and US crude slipped to $85.79 per barrel. Brent settled down 5.85% in the previous session after sliding to its lowest since August 31.
