Oil prices fell on Thursday, reversing gains in the previous session as the United States plans to ease Venezuela sanctions to allow more oil to flow globally.
Brent futures for December fell 74 cents to $90.76 a barrel. US West Texas Intermediate (WTI) futures for November dropped 57 cents to trade at $87.75 per barrel. The more active December WTI was down 51 cents to $86.76 a barrel.
Oil prices climbed about 2% in the previous session on concerns about disruptions to global supplies after the US, the world's biggest oil consumer, reported a larger-than-expected inventory draw.
Source: Qatar News Agency