LONDON, Jan 19 (Reuters): Oil prices fell 1 per cent on Monday, reversing the previous session's gains, as civil unrest in Iran subsided, lowering the chance of a US attack that could disrupt supply from the major Middle Eastern producer.
Brent crude was trading at $63.48 a barrel at 0912 GMT, down 65 cents or 1 per cent.
US West Texas Intermediate for February fell 65 cents, or around 1 per cent, to $58.84 a barrel.
The contract expires on Tuesday and the more active March contract was at $58.77, down 57 cents, or 1 per cent.
Oil prices plunge 1.0pc
FE Team | Published: January 19, 2026 23:48:02
Oil prices plunge 1.0pc
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