Brent crude oil falls to $67.17 per barrel

Oil prices are falling on Thursday morning after falling at the end of the previous session, caused by concerns about increased supply on the global fuel market, Report informs referring to Interfax.

The cost of November futures for Brent crude on the London ICE Futures exchange, as of 9:16 Baku time, is down by $0.43 (0.64%) to $67.17 per barrel.

On Wednesday, the contract fell by $1.54 (2.2%) to $67.6 per barrel.

WTI oil futures for October on electronic trading on the New York Mercantile Exchange (NYMEX) have fallen by this time by $0.45 (0.7%), to $63.52 per barrel.

At the end of the previous session, the cost of these contracts fell by $1.62 (2.5%), to $63.25 per barrel.