Brent crude futures settled down 74 cents, or 0.9%, at US$81.29 per barrel. US West Texas Intermediate crude futures settled down US$1.36, or 1.7%, to US$78.68 a barrel.
HOUSTON: Oil prices settled lower on Thursday with Yemen's Houthi militia expected to halt attacks on ships in the Red Sea, and investors weighing strong US retail sales data.
Brent crude futures settled down 74 cents, or 0.9%, at US$81.29 per barrel, after rising 2.6% in the previous session to their highest price since July 26.
