Crude oil futures ended marginally lower on Thursday on account of profit booking after having moved up in the previous session. Concerns about the outlook for oil demand from China, and reports that Chinese officials ended the Third Plenum without offering any detail on any measures to stimulate the nation's economy weighed on oil prices. The dollar's recovery weighed as well on prices.
Benchmark U.S. crude oil futures for August delivery fell $0.03 or about 0.03% to $82.82 per barrel on the New York Mercantile Exchange. However, Brent crude for September delivery added $0.03 or 0.03% to $85.11 per barrel on London's Intercontinental Exchange.