Doha: Oil prices fell on Tuesday, easing for a second day, influenced by market factors and the firmer dollar. Brent crude futures fell 39 cents, or 0.5%, at $65.91 per barrel, and US West Texas Intermediate (WTI) crude was at $61.83 per barrel, down 31 cents, or 0.5%.

According to Qatar News Agency, oil prices experienced a significant drop of more than 4% on Monday. The decline in oil prices has been attributed to various market dynamics, including the strengthening of the dollar, which tends to make commodities priced in dollars more expensive for holders of other currencies. This, in turn, can lead to a decrease in demand, impacting oil prices.