Oil prices fell in early trade on Thursday after data showed U.S. crude inventories increased more than expected, raising concerns about demand in the world's largest economy.
Brent crude futures fell 34 cents, or 0.4 percent, to $81.26 a barrel. U.S. West Texas Intermediate crude futures fell 36 cents, or 0.5 percent, to $76.28 a barrel.
The two benchmark crude lost more than a dollar a barrel on Wednesday as U.S. crude inventories rose as refining fell to its lowest level since December 2022.
Source (Al-Arabiya.net Website, Edited)
