SINGAPORE: Oil prices eased on Tuesday ahead of the resumption of indirect talks between the United States and Iran which may revive a nuclear deal that could lead to the removal of sanctions on Iranian oil sales, increasing global supplies.
Brent crude was last down 22 cents, or 0.24%, at $92.47 a barrel by 0716 GMT, after hitting a seven-year high of $94 on Monday. U.S. West Texas Intermediate crude was down by 14 cents, or 0.16%, at $91.18 a barrel.
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