Oil prices slipped off a three-year high Friday after reports that President Donald Trump has decided to extend sanctions relief to Iran, easing worries of a supply disruption that had helped push prices higher this week. U.S. crude futures recently traded down 21 cents, or 0.33%, at $63.59 a barrel on the New York Mercantile Exchange. Brent, the global benchmark, was down 11 cents, or 0.16%, at $69.15 a barrel on ICE Futures Europe.

Source: Wall Street Journal January 12, 2018 11:15 UTC