Oil prices fell further on Tuesday, President Obama struggles to win support for U.S. military intervention in Syria attack weakened expectations.
Benchmark crude for October delivery futures fell 95 cents to $ 106.70 a barrel at midday Bangkok time electronic trading on the New York Mercantile Exchange. On Friday the contract fell $ 1.15 to close at $ 107.65.
Obama on Monday met with key members of Congress trying to drum up support for President Bashar al-Assad's regime military strikes in response to attacks on the outskirts of Damascus last month, the United States says at least 1,429 civilians were killed. A vote could come once Congress returns from summer vacation, which is scheduled to end on September 9.
Although Syria is not a major oil producer, it stretches from the region. The possibility of high oil prices pushed wider conflict, may disrupt the region's production and transportation routes, in recent days. On the contrary, prices have declined for the U.S. attack weakened prospects.
International crude oil benchmark, Brent, in London's ICE futures exchange fell 12 cents to $ 114.21 a barrel.
"Brent oil price rally has been tempered somewhat reduced expected U.S. military strike, although they have not reached the magnitude of the United States more as prices fall," CMC Markets senior market analyst Michael Hewson, said in a commentary .
 



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