Oil Prices Decline as Brent Crude Falls to $84.95 per Barrel

Tokyo, July 16 (QNA) – Oil prices turned lower on Thursday after paring their early gains, as traders took profits.

Brent crude futures slipped 24 cents, or 0.28%, to $84.95 a barrel, while US West Texas Intermediate futures were down 15 cents, or 0.19%, to $79.45 a barrel.

Brent had gained almost $1 earlier in the session and both contracts remained close to one-month highs. (QNA)