Oil futures are down at settlement, Brent crude at $103.86 a barrel

Oil prices settled lower on Thursday, after US government data revealed weak gasoline consumption in the peak summer travel season.

And Brent crude futures settled at $103.86 a barrel, down $3.06, or 2.86 percent.

Oil futures are down at settlement, Brent crude at $103.86 a barrel

And US oil futures settled at $96.35 a barrel, down $3.53, or 3.53 percent.

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