Oil Prices Falls as US Waiver on Russian Sanctions Raises Supply Prospects

Oil prices fell in early Asian trading on October 19 after US President Donald Trump waived sanctions and tariffs on Russia, potentially allowing more Russian fuel to reach global markets; however, ongoing disruptions to Middle Eastern crude flows limited the potential for a sustained decline, Reuters reported. Brent crude futures fell 0.96% to $108.80 per […] The post Oil Prices Falls as US Waiver on Russian Sanctions Raises Supply Prospects first appeared on Egypt Oil & Gas.