Oil prices decline as Brent falls to $114.50 per barrel

Oil prices fell on Thursday, reversing part of the gains recorded in the previous trading session, Qazinform News Agency cites WAM.

photo: QAZINFORM

Brent crude futures dropped to US$114.50 per barrel, while US West Texas Intermediate (WTI) crude futures declined to US$101.74 per barrel.

Earlier, Qazinform reported KazMunayGas and Exolum joined forces to develop aviation fuel infrastructure in Kazakhstan.