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Oil prices fall in Thursday early trading

The Address | Benghazi – Libya

LIBYA – Oil prices fell on Thursday amid weak data from industrial output in China and Japan and record US crude production, but markets remained relatively well supported by OPEC-led supply cuts.

At 07:23 GMT, Brent crude futures were at $ 65.97 a barrel, down 42 cents, or 0.6 percent, from the previous close.

US crude LCOc1 was $ 56.73 a barrel, down 21 cents, or 0.4 percent, from its latest settlement.

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