Oil falls as investors weigh Russia sanctions, Opec+ output plans


Brent crude futures settled down US$1.22, or 1.9%, to US$64.40 a barrel. US West Texas Intermediate crude futures settled down US$1.16, or 1.9%, at US$60.15.

HOUSTON: Oil prices slipped about 2% on Tuesday, marking a third straight day of declines as investors considered the impact of US sanctions against Russia's two biggest oil companies on global supply, along with a potential Opec+ plan to raise output.

Brent crude futures settled down US$1.22, or 1.9%, to US$64.40 a barrel. US West Texas Intermediate crude futures settled down US$1.16, or 1.9%, at US$60.15.

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