Brent crude price slips to $92.76 per barrel
Brent crude
Kuala lumpur - KUNA
Brent crude November delivery nosedived in Asian markets' trading Tuesday to USD92.76 per barrel, down USD 0.03 pb compared with its price a day earlier.
Meanwhile, US light crude November delivery rose USD 0.60 pb to record USD 90.34 pb.
The decline showed that the market's oversupply had outweighed the positive boost to prices from the U.S. dollar's recent drop.
Crude oil futures reversed course on Monday with Brent ending the session higher after falling earlier, following a slump in the U.S. dollar.
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