SINGAPORE/HUSTON: Oil prices in Asian trade fell slightly on Tuesday after gains in the previous session as markets remained cautious about the prospects for rising global demand amid expectations of larger supplies, according to Reuters. Global benchmark Brent crude futures fell 12 cents, or 0.14 percent, to $84.13 a barrel at 9:15 a.m. Saudi time. U.S. West Texas Intermediate crude futures fell 14 cents, or 0.17 percent, to $80.19 a barrel. Both benchmarks gained about 2 percent on Monday, closing at their highest level since April.
