Oil slips as Trump's sanction waiver may lead to more Russian fuel supplies

Brent crude futures falls US$1.06, or 0.96%, to US$108.80 a barrel by 2214 GMT

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Published Mon, Oct 19, 2026 · 06:33 AM
    • US West Texas Intermediate crude was at US$101.18 a barrel, down US$0.23, or 0.23%. 
    • US West Texas Intermediate crude was at US$101.18 a barrel, down US$0.23, or 0.23%.  PHOTO: BLOOMBERG

    [SINGAPORE] Oil prices slipped in early Asian trade on Monday (Oct 19) after US President Donald Trump waived sanctions and tariffs on Russia that may lead to more Russian fuel exports.

    Brent crude futures fell US$1.06, or 0.96 per cent, to US$108.80 a barrel by 2214 GMT after settling at its highest since May 19 on Friday.

    US West Texas Intermediate crude was at US$101.18 a barrel, down US$0.23, or 0.23 per cent. REUTERS

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