
Oil prices fell on Tuesday as traders weighed the possibility that talks between Russia, Ukraine and the US to end the war in Ukraine could lead to the lifting of sanctions on Russian crude, raising supply.
Brent crude futures fell 48 cents, or 0.72 per cent, to $66.12 a barrel by 0820 GMT. US West Texas Intermediate crude futures for September delivery, set to expire on Wednesday, fell 40 cents,