Accra:Early Asian trading saw a drop in oil prices following the decision by US President Donald Trump to lift sanctions and tariffs on Russia.

According to Saudi Press Agency, Brent crude futures decreased by $1.06, or 0.96%, reaching $108.80 per barrel. This follows a close on Friday at the highest level since May 19.

Additionally, US West Texas Intermediate (WTI) crude experienced a decline of 23 cents, or 0.23%, settling at $101.18 per barrel.