SINGAPORE: Oil prices slipped in early Asian trade on Monday as investors eyed talks at the European Union on a Russian oil embargo that is expected to tighten global supplies.
Brent crude dropped 67 cents, or 0.6%, to $111.72 a barrel by 0002 GMT while U.S. West Texas Intermediate crude was at $109.02 a barrel, down 75 cents, or 0.7%.