Oil prices have edged lower after crude exports from the Middle East increased and the Group of Seven nations pledged to boost supplies, though selling has been limited by ongoing disruption fears linked to the US war with Iran, Reuters reports.
Brent crude futures are down $1.20, or 1.17 per cent, at $101.05 a barrel by 1808 GMT (11:08pm PKT), while US West Texas Intermediate crude is down $1.16, or 1.27pc, at $89.95.
