Oil slips from 5-month high as Trump’s Russia sanctions waiver may bring more supplies

SINGAPORE: Oil prices slipped from a five-month high on Monday as ​investors took profits after US President Donald Trump waived sanctions and tariffs on Russia that may lead to more ‌Russian fuel exports. Brent crude futures fell $2.29, or 2.08 percent, to $107.57 a barrel by 09:19 a.m. Saudi time after settling at its highest since May 19 on Friday. US West Texas Intermediate crude was at $99.46 a barrel, down $1.95, or 1.92 percent, after closing at its highest since September 17 on Friday. T