Post: Oil Prices Fall Nearly 3% at Settlement

London: Oil prices fell by around 3% at settlement on Thursday. Brent crude futures dropped $1.91, or 2.75%, to $67.55 a barrel, while US West Texas Intermediate fell $1.85, or 2.84%, to $63.29 a barrel. According to Qatar News Agency, the declines extended recent losses amid continued pressure on global energy markets.