Oil prices slip on hot US inflation concerns

BEIJING: Oil prices eased early on Friday as hot U.S. inflation fanned worries about aggressive interest rate hikes and as investors await the outcome of U.S.-Iran talks that could lead to increased global crude supply.

Brent crude futures fell 40 cents, or 0.4%, to $91.01 a barrel at 0140 GMT, while U.S. West Texas Intermediate crude declined 25 cents, or 0.3%, to $89.63 a barrel.