Oil prices fall raise supply concerns

Oil prices dropped in early Thursday trading, largely due to a stronger U.S. dollar and concerns over increased global oil production amid slower-than-expected demand growth. Brent crude futures saw a decline of 0.6%, settling at $71.83 per barrel, while U.S. West Texas Intermediate crude dropped 0.7%, to $67.95 per barrel, according to Reuters. “The primary […]