Oil prices slipped in Asian trade on Tuesday amid uncertainty over a possible extension of output cuts by major crude producers and expectations of higher supply as the Keystone pipeline restarts.
Brent futures had fallen to $63.72 a barrel by 0753 GMT, down 12 cents, or 0.2 percent, from their previous close.
US West Texas Intermediate (WTI) futures were down 29 cents, or 0.5 percent, at $57.82 a barrel, after falling 1.4 percent in the last session.
US crude touched $59.05 a barrel on Friday, the highest level since mid-2015, fuelled by the outage of the Keystone pipeline, one of Canada`s main crude export routes to the United States. Read More…
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