Oil prices fell in early trade on Thursday, extending the previous day’s losses as reports of Saudi Arabia offering extra crude cargoes through Oman reduced fears of supply disruptions in the Middle East.
Brent crude futures dropped $1.24, or 1.2 percent, to $104.59 a barrel as of 00:49 GMT, while US West Texas Intermediate (WTI) futures were down $1.14, or 1.1 percent, at $101.29.
Both contracts fell about $3 on Wednesday.
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