Oil Prices Slip After Reaching One-Week High

Oil prices dropped on Friday after reaching a one-week high in the previous session. According to Qazinform News Agency, citing WAM, Brent crude fell by $1.87, or 0.82%, to $105.73 a barrel at 02:12 GMT.

West Texas Intermediate (WTI) also declined, dropping $1.56, or 1.65%, to $93.05 a barrel. This follows Thursday's strong session when Brent crude settled 3.4% higher and WTI gained 2.7%

Oil prices had surged nearly 4% on Wednesday, with Brent crude settling above $103 a barrel, as reported by Qazinform earlier.