Oil Prices Fall as Market Weighs Mixed Supply Signals

Workers walk as oil pumps are seen in the background in the Uzen oil and gas field in the Mangistau Region of Kazakhstan, on Nov.13, 2021. Pavel Mikheyev/Reuters

LONDON -Oil prices slipped on Thursday in thin trade ahead of a public holiday, as traders weighed a larger-than-expected build in U.S. oil stocks against tightening global supply.

Brent futures were down $1.52, or 1.4 percent, at $107.26 a barrel, while U.S. West Texas Intermediate futures were off $1.38 or 1.3 percent, at $102.87 a barrel at 1220 GMT.