TOKYO: Oil prices fell on Thursday as some investors scooped up profits from the recent rally, though solid demand in the United States and a switch to fuel oil from coal and gas amid surging prices capped losses.
Brent crude futures fell 54 cents, or 0.6%, to $85.28 a barrel by 0649 GMT, turning down from earlier gains that took the benchmark to the highest since October 2018. It rose 0.9% the previous day.
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