Oil prices fall on Saudi output, eyes on Iran talks

SINGAPORE: Oil prices fell in Asia Tuesday as data showed global supplies were rising, while traders are also keeping an eye on talks between major powers and Iran over Tehran's nuclear programme, analysts said.

New York's main contract, West Texas Intermediate (WTI) for December delivery, was down 13 cents at $92.90 in late morning trade while Brent North Sea crude for January slipped 47 cents to $108.00