Oil prices fell for a second straight day on Wednesday after a report on rising crude inventories in the United States, the world's largest oil consumer, and signs that major producers are unlikely to change production policy at a technical meeting scheduled for next week.
Brent crude futures for May fell 69 cents, or 0.8 percent, to $85.56 a barrel. The May contract is due to expire on Thursday, and the most traded June contract fell 60 cents, or 0.7 percent, to $85.03.
U.S. West Texas Intermediate crude futures for May delivery fell 55 cents, or 0.7 percent, to $81.07.
Source (Al-Arabiya.net Website, Edited)
