CALGARY, Alberta (Reuters) – Oil prices fell in thin trade on Thursday, weighed down by data showing a smaller-than-expected draw on U.S. crude stockpiles and worries about the global economy.
Front-month Brent crude futures LCOc1, the international benchmark for oil prices, were down 25 cents or 0.39% at $63.57 per barrel by 1549 GMT. Brent closed up 2.3% on Wednesday.
U.S. West Texas Intermediate (WTI) crude futures CLc1 were down 33 cents or 0.58% at $57.01 per barrel. WTI closed up 1.9% on Wednesday.