Oil prices edge lower as demand concerns outweigh tight supply
Oil prices fell on Thursday for a second straight session, as demand concerns outweighed tight global supply after U.S. government data showed tepid gasoline demand during the peak summer driving season.
Brent crude futures fell 37 cents, or 0.3%, to $106.55 a barrel by 0003 GMT. WTI crude futures fell 33 cents, or 0.3%, to $99.55 a barrel.
