Brent slips below $110 as Syria tension eases

Brent oil futures edged lower on Tuesday, adding to the prior session’s steep losses, as easing worries over Syria calmed fears that crude supply from the Middle East would be at risk.

But the modest drop suggests tensions have not completely faded after the United States, Britain and France warned President Bashar al-Assad there would be consequences if he failed to hand over Syria’s chemical weapons.

“The risk premium is coming out of oil markets because the Syrian tension seems to be dying down,”