Brent crude slipped to $105.85 a barrel on Friday after surging more than 3 per cent the previous session.
Oil prices edged lower on Friday after both Brent and WTI hit weekly highs the previous session. Brent slipped to $105.85 a barrel while WTI fell to $93.80, reversing part of Thursday's gains of 3.4 and 2.7 per cent respectively.
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Oil prices edged lower on Friday, giving back some of the previous session’s gains after both major benchmarks hit their highest levels in a week.
Brent crude fell 74 cents, or 0.69 per cent, to $105.85 a barrel as of 00:32 GMT. West Texas Intermediate dropped 81 cents, or 0.86 per cent, to $93.80 a barrel.
Thursday’s session had been notably stronger: Brent settled up 3.4 per cent, while WTI gained 2.7 per cent.
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