Oil prices fall on U.S. inventory data, concerns about demand - Reuters

Oil prices fall on U.S. inventory data, concerns about demand - Reuters:

Oil prices fell in thin trade on Thursday, weighed down by data showing a smaller-than-expected draw on U.S. crude stockpiles and worries about the global economy. 

Front-month Brent crude futures LCOc1, the international benchmark for oil prices, settled down 52 cents or 0.81% at $63.30 per barrel. Brent closed up 2.3% on Wednesday.

U.S. West Texas Intermediate (WTI) crude futures CLc1 were down 54 cents or 0.94% at $56.89 per barrel. WTI closed up 1.9% on Wednesday.

Trading volumes were light due to the July 4 holiday in the United States.