Oil falls on profit-taking, all eyes on Russia, Ukraine

TOKYO: Oil prices fell on Tuesday as investors took profits from the previous day’s rally to seven-year highs and as global stock markets slumped, although losses were capped by fears that Russia might invade Ukraine and disrupt supplies.

Brent crude futures was at $96.19 a barrel by 0205 GMT, down 29 cents, or 0.3%, after rising $2.04 on Monday.

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