Singapore February 24 2025: Oil prices slipped in early trade on Monday, extending losses from last week, on the prospect of a resumption of exports from Kurdistan’s oilfields, while investors awaited clarity on talks to end Russia’s war on Ukraine.
Brent futures fell 20 cents, or 0.3%, to $74.23 barrel at 0113 GMT, while U.S. West Texas Intermediate crude futures lost 28 cents, or 0.4%, to $70.12 a barrel.
Both contracts dropped by more than $2 on Friday, posting weekly declines as well.
