Oil prices slide as Middle East tensions ease
US crude oil inventories are likely to have fallen last week, and Saudi says it will work for oil market stability amid US-Iran tension
London — Oil prices slid towards $64 a barrel on Tuesday, extending four days of declines due to easing concerns about possible supply disruptions as a result of tensions in the Middle East.
Brent crude was down 11c, or 0.19%, at $64.08 a barrel by 9.16am GMT. US West Texas Intermediate (WTI) crude futures were down 22c or 0.4% at $57.86 a barrel. The benchmarks lost about 5% and 6%, respectively, last week...