Oil Prices Extend Losses Despite Surprise Drop In U.S. Inventories

www.oann.com | 10/5/2017 | Staff
donuzumaki (Posted by) Level 3
SYDNEY (Reuters) – Oil prices edged down on Thursday despite a surprise decline in U.S. inventories, with international benchmark Brent retreating from a five-month high touched in the previous session.

Brent crude futures were at $71.51 a barrel at 0056 GMT, down 11 cents, or 0.2 percent, from their last close. Brent fell 0.1 percent on Wednesday, after earlier touching its highest since Nov. 8 at $72.27 a barrel.

US - West - Texas - Intermediate - WTI

U.S. West Texas Intermediate (WTI) crude futures...
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