Oil Prices Slip Amid Ongoing Middle East Supply Risks
Oil prices declined on Tuesday as Middle East supply risks persisted, despite recovering exports.
The Brent crude price for November fell by 1.3% to $103.94 a barrel, while U.S. West Texas Intermediate (CL1:COM) dropped to an unspecified amount.
The uncertainty surrounding the potential disruption of supplies due to the ongoing conflict between the US and Iran continues to weigh on oil prices.