By 09:10 Moscow time, the US West Texas Intermediate (WTI) crude futures for November fell by 0.70% to $65.26 per barrel.

Meanwhile, the global Brent crude futures for the same month declined by 0.54% to $69.75 per barrel.

On Saturday morning, Iraq resumed crude oil pumping through the Turkish Ceyhan pipeline after more than two years of halt, initially at a rate of 190,000 barrels per day.

This step followed a tripartite agreement between the Federal Ministry of Oil, the Ministry of Natural Resources in the Kurdistan Regional Government, and foreign oil companies.