Oil Prices Retreat After Previous Session's Rally
Singapore, October 29 (QNA) - Oil prices slipped on Thursday, reversing course after gains in the previous session, as Brent crude futures fell to $114.50 a barrel and US crude dropped below $102.
Brent crude futures shed 82 cents, or 0.7%, to trade at $114.50 a barrel, while US West Texas Intermediate (WTI) crude futures lost $1.04, or 1%, to $101.74 a barrel.
The pullback followed a strong previous session, when Brent climbed 1.3% and WTI surged 3%. (QNA)
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