Oil falls as Saudi and Russia quietly agree output rise, US stocks swell
Updated : October 04, 2018 08:03 AM IST
Brent crude oil futures were trading at $85.85 per barrel at 0104 GMT, down 44 cents, or 0.5 percent, from their last close.
Brent on Wednesday hit a four-year high of $86.74 a barrel.
US West Texas Intermediate (WTI) crude futures were down 30 cents, or 0.4 percent, at $76.11 a barrel.
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