Oil prices eased on Tuesday ahead of the resumption of indirect talks between the United States and Iran which may revive a nuclear deal that could lead to the removal of sanctions on Iranian oil sales, increasing global supplies, APA reports quoting Reuters.
Brent crude was last down 40 cents, or 0.15%, at $92.55 a barrel by 0347 GMT, after hitting a seven-year high of $94 on Monday. U.S. West Texas Intermediate crude was down by 1 cent at $91.31 a barrel.