Oil prices are declining slightly in trading on Tuesday, Brent remains near its highest since November last year, reached the day before.
The price of March futures for Brent at London’s ICE Futures Exchange stood at $88.14 a barrel by 12:49 p.m., down $0.05 (0.06%) from the close of the previous session.
The price of WTI futures for March at the electronic trading on the New York Mercantile Exchange (NYMEX) is $81.61 a barrel by that time, which is 1 cent lower than the final value of the previous session.
