London-SANA
Oil prices fell today amid concerns about a glut of supply, after rising around 3 percent during the previous session.
Reuters reported that Brent crude futures fell 24 cents to $76.72 a barrel, and U.S. West Texas Intermediate crude fell 21 cents to $72.62 a barrel.
Both benchmarks rose about 3 percent on Tuesday amid optimism about oil demand and U.S. debt ceiling negotiations.
Oil prices are under pressure, including the unexpected jump in U.S. oil inventories last week, due to a new withdrawal from the Strategic Petroleum Reserve.
Investors are also closely watching developments related to debt ceiling negotiations in the United States.
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