Oil Slips as Investors Eye Trump Move On Russian export Curbs

OIL PRICE - SINGAPORE. Oil prices fell on Monday as expectations of U.S. President-elect Donald Trump relaxing curbs on Russia's energy sector in exchange for a deal to end the Ukraine war offset concern of supply disruption from harsher sanctions.

Brent crude futures dropped 28 cents, or 0.35%, to $80.51 a barrel by 0739 GMT after closing down 0.62% in the previous session.