Oil prices ease Brent futures at $90.56 per barrel

Tokyo, Oct. 16 (BNA): Oil prices slipped on Monday after surging last week.

 

Brent futures were last down 33 cents, or 0.4%, at $90.56 per barrel at 0645 GMT. U.S. West Texas Intermediate (WTI) crude fell 0.3% or 26 cents to $87.43 a barrel.

 

Both benchmarks climbed nearly 6% on Friday, posting their highest daily percentage gains since April.

 

For the week, Brent advanced 7.5% while WTI climbed 5.9%.

 

 

M.I.