Oil Prices Slip in Asia After Trump Waives Russia Sanctions

Oil prices fell in early Asian trade on Monday after US President Donald Trump waived sanctions and tariffs on Russia, potentially leading to increased Russian fuel exports. Brent crude futures dropped by $1.06, or 0.96%, to $108.80 a barrel, while US West Texas Intermediate crude was down 23 cents, or 0.23%, at $101.18 a barrel.