
Oil prices fell on Monday as expectations of US President-elect Donald Trump relaxing curbs on Russia’s energy sector in exchange for a deal to end the Ukraine war offset concern of supply disruption from harsher sanctions.
Brent crude futures dropped 28 cents, or 0.35 per cent, to $80.51 a barrel by 0739 GMT after closing down 0.62 per cent in the previous session.
The more active US West Texas Intermediate