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World oil prices slid on Monday after a US-led deal was struck between world powers and Iran on the Islamic Republic's controversial nuclear programme. Brent North Sea crude for delivery in January shed $1.82 to stand at $109.23 a barrel in London midday deals. New York's main contract, West Texas Intermediate (WTI) for January, retreated $1.36 to $93.48 a barrel. Major crude producer Iran on Sunday agreed to curb its nuclear programme for the next six months in exchange for limited sanctions relief, in a preliminary accord with world powers meant to lay the foundations for a comprehensive agreement later this year.
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