Oil prices fell on Thursday, September 25, as investors moved to take profits after prices had surged to their highest levels in seven weeks following an unexpected drop in U.S. inventories.
Prices were supported earlier after U.S. crude oil inventories declined unexpectedly by 607,000 barrels in the week ending September 19, according to the Energy Information Administration on Wednesday.
In trading, Brent crude futures dropped about 0.4 percent to $69.03 per barrel, while U.S. crude futures fell 0.5 percent to $64.69 per barrel.