Oil slips more than 1% as talks continue on ending Iran war

Published Mon, Nov 2, 2026 · 07:51 AM

[SINGAPORE] Oil prices slipped more than 1 per cent in early Asian trade on Monday (Nov 2) after Iranian and Qatari officials held a third straight day of talks aimed at pushing for a deal to end the US-Israeli war on Iran.

Brent crude futures fell US$1.51, or 1.33 per cent, to US$111.92 a barrel by 2303 GMT while US West Texas Intermediate crude was at US$102.34 a barrel, down US$1.78, or 1.71 per cent. REUTERS