SINGAPORE: Oil prices edged lower on Wednesday, as a stronger dollar curbed investor appetite while traders took some money off the table after benchmarks rallied to multi-month highs in the previous session.
Brent crude futures for May fell 28 cents, or 0.3%, to $87.10 a barrel by 0711 GMT. U.S. West Texas Intermediate futures for April delivery, which expire on Wednesday's settlement, fell 47 cents, or 0.6%, to $83.00 a barrel. The more active May WTI contract was at $82.41 a barrel, down 32 cents.
