Doha: Oil prices slipped on Monday as Russia supply concerns ease after last week’s meeting between US President Donald Trump and Russian President Vladimir Putin: Brent crude futures dropped 26 cents, or 0.39%, to $65.59 a barrel while US West Texas Intermediate crude was at $62.62 a barrel, down 18 cents, or 0.29%.

According to Qatar News Agency, the US president said on Friday he did not immediately need to consider retaliatory tariffs on countries such as China for buying Russian oil but might have to “in two or three weeks”, cooling concerns about a disruption in Russian supply.