LONDON—Oil prices fell on Thursday, after posting the largest decline in a month in the previous session, as U.S. interest rate hike expectations offset the impact of drawdowns in U.S. crude stockpiles.
Brent futures for November delivery were down 97 cents, or 1.04 percent, to $92.56 a barrel by 0809 GMT. U.S. West Texas Intermediate crude (WTI) fell 97 cents, or 1.08 percent, to $88.69, the lowest since Sept. 14. Both benchmarks had fallen more than $1 in trade earlier on Thursday.
