⭕️ Oil prices were little changed on Wednesday but remained on course for a sharp monthly increase as US-Iran negotiations stalled, while tight fuel markets continued to support prices despite a recovery in West Asian crude supplies.

The Brent November futures contract, which expires on Wednesday, fell 16 cents, or 0.2%, to $102.43 a barrel at 08:11 GMT. The more actively traded December contract declined 18 cents to $95.98, while US West Texas Intermediate (WTI) crude edged up 2 cents to $89.40.

Brent is on track for a monthly gain of about 13%, its largest increase since July, while WTI is headed for a roughly 4% rise.