Oil prices fall, Brent at US$111.84 per barrel

Oil prices slipped more than 1 percent in early Asian trade on Monday.

Brent crude futures fell US$1.59, or 1.4 percent, to US$111.84 a barrel by 00:11 GMT while US West Texas Intermediate crude was at US$102.56 a barrel, down US$1.56, or 1.5 percent.