Oil prices edged lower on Friday as storm Laura passed the heart of the US oil industry in Louisiana and Texas without causing any widespread damage to refineries.
Brent crude futures for October, set to expire on Friday, was down 7 cents to $44.99 a barrel by 1154 GMT.
US West Texas Intermediate (WTI) crude futures were down 3 cents to $43.01 a barrel.
“With the US Gulf hurricanes out of the way and preliminary assessment showing no damage to the upstream or downstream facilities, crude has surrendered most of the storm premium and could enter a holding pattern again,” said Vandana Hari, oil market analyst at Vanda Insights.
