Oil prices fell in Asian trading on Thursday, as investors were cautious about expectations of lower demand as weaker-than-expected U.S. employment and business data came out, suggesting the economy of the world's largest oil consumer appeared to be slowing.
Brent crude futures fell 48 cents, or 0.55 percent, to $86.86 a barrel. U.S. West Texas Intermediate crude futures lost 51 cents, or 0.62 percent, to $83.36 a barrel, as activity slowed due to the U.S. Independence Day holiday.
Source (Al-Arabiya.net Website, Edited)
