Oil prices fell amid fears of a slowdown in demand in America

Oil prices fell in early Asian trading on Thursday after a sudden increase in US inventories raised fears of a slowdown in demand in the largest oil consumer, but concern that any potential expansion of the Gaza war could disrupt Middle East supplies limited the declines.

The two benchmarks recorded a slight increase upon settlement yesterday, Wednesday, according to “Reuters.”

Brent crude futures fell 30 cents, or 0.4%, to $84.17 per barrel, and US West Texas Intermediate crude futures fell 32 cents, or 0.4%, to $80.58 per barrel.