Benchmark oil prices fell on January 14 morning after rising to their highest levels since August in the previous trading session, Report informs.
March Brent futures on the London ICE Futures exchange decreased by $0.49 (0.6%) to $80.52 per barrel.
February WTI futures on the New York Mercantile Exchange (NYMEX) electronic trading fell by $0.39 (0.49%) to $78.43 per barrel.
Brent crude ended the previous session at its highest level since August 26, while WTI reached its highest since August 12.