Oil prices fell following three sessions of gains, following Federal Reserve Chairman Jerome Powell renewed his commitment to curbing inflation, including the possibility of raising interest rates once more.
Brent crude futures fell 80 cents, or 1 percent, to $75.89 a barrel, and West Texas Intermediate crude futures fell 84 cents, or 1.2 percent, to $70.06 a barrel.
Both benchmarks reached their highest closing levels since March 14, in a settlement on Wednesday.