Singapore, September 24 (QNA) - Oil prices slipped on Thursday after surging around 4% in the previous session, as Iran announced it remains open to diplomacy to end the conflict with the US.

Brent crude futures fell 94 cents, or 0.9%, to $102.13 a barrel, while West Texas Intermediate (WTI) crude futures slipped 59 cents, or 0.7%, to $91.56.

According to the Energy Information Administration (EIA), US crude oil inventories increased by 3 million barrels to 426.4 million barrels last week. (QNA)