Oil prices open lower Tuesday as EU struggles to seal Russia import ban


Brent crude LCOc1 futures fell 35 cents, or 0.3%, to $113.89 a barrel at 0004 GMT, while U.S. West Texas Intermediate (WTI) crude CLc1 futures fell 52 cents, or 0.5%, to $113.68 a barrel.

SYDNEY: Oil prices opened lower in early Asian trade on Tuesday after the European Union's efforts to enact a ban on Russian oil imports, a move that would tighten global supply, ran into resistance from member country Hungary.

Brent crude LCOc1 futures fell 35 cents, or 0.3%, to $113.89 a barrel at 0004 GMT, while U.S. West Texas Intermediate (WTI) crude CLc1 futures fell 52 cents, or 0.5%, to $113.68 a barrel.

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