OilBrent crude fell 49 cents to settle at US$68.39 a barrel, while U.S. crude dropped 59 cents to end at $64.80 a barrel. Earlier this month, Brent reached its highest since early 2020, while U.S. crude hit a 2018 high.
NEW YORK: Oil prices fell for a third day on Tuesday, as Germany, France and other European states suspended the use of a major coronavirus vaccine, threatening the recovery of fuel demand.
Brent crude fell 49 cents to settle at US$68.39 a barrel, while U.S. crude dropped 59 cents to end at $64.80 a barrel.
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