Brent and WTI both fell 0.3 per cent in early Asian trading, extending weekly losses of more than 4 per cent.
Brent crude and WTI both slipped 0.3 per cent in early Asian trading, pulling back after gains in the prior session. Both benchmarks are headed for weekly declines, with Brent down 5.3 per cent and WTI off 4.3 per cent.
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Oil prices edged lower in early Asian trading, giving back some of the previous session’s gains as markets reopened.
Brent crude futures fell 25 cents, or 0.3 per cent, to $89.45 a barrel. West Texas Intermediate dropped 22 cents, also 0.3 per cent, to $83.31 a barrel.
Both benchmarks are on track to close the week in the red. Brent is down 5.3 per cent over the week, while WTI has shed 4.3 per cent.
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