Oil eases after rising to two-week high on Russia-Ukraine supply concerns
Oil prices edged down on Tuesday after surging nearly 2% in the previous session, as traders kept a close watch on developments in the Russia-Ukraine conflict for the potential impact on fuel supplies from the region.
Brent crude futures fell 16 cents, or 0.23%, to $68.64 per barrel at 0005 GMT, while West Texas Intermediate (WTI) crude futures also lost 16 cents, or 0.25%, to $64.64.
