Oil prices fell slightly in early Asian trading on Tuesday, with traders taking profits after prices hit their highest in more than a month on Monday, amid fears that the Middle East may be on the brink of all-out war.
Brent crude futures fell 23 cents, or 0.3%, to $80.70 a barrel. U.S. West Texas Intermediate crude futures fell 20 cents, or 0.3%, to $76.94 a barrel. Crude oil futures rose more than 3% on Monday to their highest since late August, boosting last week's rally that saw contracts rise more than 8% in the biggest weekly gain in more than a year.
