On Thursday, Oil prices dropped to close to USD 82 a barrel in Asia after an unexpected increase in U.S. gasoline supplies suggested crude demand remains slow-moving.
On the New York Mercantile Exchange, Benchmark oil for December delivery was downhill 39 cents to USD 82.15 a barrel at late afternoon Singapore time in electronic trading. On Wednesday, the contract raised USD 1.38 to resolve at USD 82.54.
Heating oil dropped 0.72 cent to USD 2.248 a gallon and gasoline fell 0.48 cent to USD 2.077 a gallon, in other Nymex trading in November contracts. Natural gas was steady at USD 3.530 per 1,000 cubic feet.
On the ICE Futures exchange, In London, Brent crude climbed 3 cents to USD 83.63 a barrel.
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