Jerusalem: Oil prices slipped today amid some supply concerns ease after last week's US-Russia meeting. Brent crude futures dropped 26 cents, or 0.39%, to $65.59 a barrel while US West Texas Intermediate crude was at $62.62 a barrel, down 18 cents, or 0.29%.

According to Oman News Agency, the decline in oil prices comes as a response to the reduced tensions between the United States and Russia, which has subsequently eased concerns over supply disruptions. The meeting between the two nations seemed to address some of the uncertainties that had previously driven oil prices higher.

The easing of supply fears appears to have provided some relief to the market, leading to the observed decrease in prices. However, analysts continue to monitor geopolitical developments and their potential impacts on the global oil supply chain.