Mubasher: Oil prices dropped on Tuesday, as Brent crude retreated below $64 per barrel (pb).
By 12:50 pm GMT, Brent crude futures tumbled 0.5% to $63.98 pb, while US crude (Nymex) futures lost 0.1% to $57.29 pb.
Oil prices rose on Monday on the back of the anti-corruption measures taken by Saudi Arabia, registering their highest levels since 2015.