The Address | Benghazi – Libya
SINGAPORE – Oil prices fell on Monday as the sanctions imposed by the United States on Iran’s fuel exports relaxed and entered into force.
Brent crude was $ 72.47 a barrel, down 36 cents, or 0.5 percent, from the last closing price.
US WTI fell 35 cents, or 0.6 percent, to $ 62.79 a barrel.
The crude has lost more than 15 percent of its value since early October.