Brent crude futures had slipped 8 cents, or 0.1%, to US$82.17 a barrel by 1:02 p.m. ET (1802 GMT). U.S. West Texas Intermediate (WTI) crude futures fell 36 cents, or 0.5%, to $78.03 a barrel.
NEW YORK: Oil prices dipped in thin trading on Thursday, the U.S. Thanksgiving holiday, as investors eyed how major producers respond to the U.S.-led emergency oil release designed to cool the market and with OPEC now expecting the release to swell inventories.
Brent crude futures had slipped 8 cents, or 0.1%, to US$82.17 a barrel by 1:02 p.m. ET (1802 GMT). U.S. West Texas Intermediate (WTI) crude futures fell 36 cents, or 0.5%, to $78.03 a barrel.
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