India, July 3 -- Oil prices fell on Thursday on signs of weak U.S. demand and amid investor caution ahead of the U.S. reciprocal tariff deadline on July 8.
Benchmark Brent crude futures fell 0.7 percent to $68.65 a barrel in European trade while WTI crude futures were down 0.6 percent at $67.05.
Investors fretted about weak demand in the United States after Wednesday's release of U.S. oil inventory data confirmed API's estimate of a build.
Crude inventories rose by 3.8 million barrels to 419 million barrels last week, the Energy Information Administration said, compared with analysts' expectations for a 1.8-million-barrel draw.
Gasoline stocks rose by 4.2 million barrels in the week to 232.1 million barrels, sparking concerns about the ...