BEIJING: Oil prices eased on Tuesday morning ahead of the resumption of indirect talks between the United States and Iran which may revive a nuclear deal that could lead to the removal of sanctions on Iranian oil sales, increasing global supplies.
Brent crude was last down 36 cents, or 0.4%, at $92.33 a barrel by 0147 GMT, after hitting a seven-year high of $94 on Monday. U.S. West Texas Intermediate crude eased 26 cents, or 0.3%, to $91.06 a barrel.