Oil prices fell in early trading on Thursday, with the Federal Reserve deciding not to cut interest rates in the near future, while US crude oil and fuel inventories rose in the market.
Brent crude futures was down 14 cents, equivalent to 0.17%, reaching $82.46 per barrel, while West Texas Intermediate crude futures fell 16 cents, equivalent to 0.2%, to $78.34.
Energy Information Administration data showed that US crude inventories rose more than expected last week, driven by a jump in imports, and fuel inventories also increased more than expected.
