Brent crude futures were down 90 cents, or 1.14%, at $78.1 a barrel by 11:40 a.m. EST (1640 GMT). U.S. West Texas Intermediate crude (WTI) fell $1.01, or 1.34%, to $74.43.

U.S. President Donald Trump drew pockets of laughter and a few moans with his blunt comments to an international audience while appearing by video link at the World Economic Forum meeting in Davos, Sw

As The World Economic Forum in Davos, Switzerland unfolded over the last week, each day marked an important stride in the global business and political landscape.