Commodities

Oil Prices Retreat As EU Splits On Russian Embargo

Crude oil prices gave up early gains to turn lower on Tuesday after reports emerged that European Union foreign ministers are split on whether to join the United States in banning Russian oil.

Brent crude futures dropped 1.4 percent to $113.88 per barrel, while WTI futures were down 1.9 percent at $107.86.

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by RTTNews Staff Writer

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