Brent Crude Falls as Oil Prices Reverse Course

Oil prices are reversing course after two consecutive days of gains. On Friday morning, Brent crude oil futures for November delivery were trading at $105.67 a barrel on the ICE Futures stock exchange in London, down $0.93 (0.87%) from their previous close.

This is a decline from Thursday's high of $106.60 a barrel, when prices had risen by $3.52 (3.4%).

Meanwhile, WTI crude oil futures for November delivery fell to $93.14 a barrel on the New York Mercantile Exchange (NYMEX), down $1.47 (1.55%) from their previous close.