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Singapore, June 23 (QNA) – Oil prices edged lower on Tuesday, extending losses from the previous session, as investors awaited clearer signs of progress in restoring crude flows through the Strait of Hormuz following US-Iran talks.
Brent crude futures fell 20 cents, or 0.3%, to $77.70 a barrel, while US West Texas Intermediate declined to $73.74 a barrel, down 12 cents, or 0.2%.
Prices fell more than 3% on Monday after the US granted Iran a 60-day sanctions waiver following initial talks. (QNA)
