Brent crude has slipped below $90 a barrel for the first time since August, CNBC reports. It puts WTI, the US benchmark, at $84.59. The fall follows Trump saying the war with Iran could end "fairly soon".
Earlier on Tuesday, Brent was trading at about $91.70 in Asia.
On Monday 9 November Brent settled at $92.57, down 5.85% and its lowest since 31 August, according to Reuters as relayed by Trading and Investment News. That fall is consistent with Friday's close of $98.32. The same report puts Brent about 22% below the six-month high of $118 reached on 30 October, which also holds up against Monday's settlement.
Other Tuesday prices differ from CNBC's. ADVFN has Brent at $90.99, down 1.7%. FXEmpire has it at about $94.50. The level depends on the time of day each price was taken.
An analyst quoted by Reuters in the Globe and Mail says prices are unlikely to stay below $90 without more lasting signs of de-escalation and a US-Iran deal.