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Oil prices declined globally; Brent crude fell to $106 and West Texas Intermediate (WTI) crude settled at $93.

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Oil prices declined globally; Brent crude fell to $106 and West Texas Intermediate (WTI) crude settled at $93.

Global oil prices fell on Tuesday after rising in the previous session, as traders weighed the possibility of Russian diesel supplies returning to the market against concerns about supply disruptions in the Gulf region.

Brent crude futures dropped 61 cents, or 0.57%, to $106.04 a barrel.

U.S. West Texas Intermediate (WTI) crude futures fell 47 cents, or 0.5%, to $93.27 a barrel.

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