Oil prices fall for fourth straight day, hit lowest level since August
Oil prices declined on Thursday, with Brent and West Texas Intermediate futures reaching their lowest levels since August 31, according to trading data.
Key Takeaways
AIOil prices fell for the fourth consecutive day on Thursday, according to trading data from Singapore.
Brent crude futures dropped by 97 cents, or 1.03%, to $93.65 per barrel.
US West Texas Intermediate crude futures also declined, falling $1.14, or 1.29%, to $86.98 per barrel.
Both benchmarks lost more than 8% in the previous session, settling at their lowest levels since August 31.