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Singapore, October 01 (QNA) – Oil prices fell 1% on Thursday as recovering crude exports from the Gulf and a surprise rise in US inventories eased supply concerns.
Brent crude futures fell 1.1% to $96.92 a barrel, and US West Texas Intermediate crude dropped 1.4% to $89.18 a barrel.
Both benchmarks rose about $1 a barrel on Wednesday.
Brent recorded a monthly gain of around 14% in September, its biggest since July, while WTI increased by about 5% on the month. (QNA)
