International oil prices continued to slide during Thursday's trading, as investors assessed signs of weak US gasoline demand and rising inventories.
The US Energy Information Administration data yesterday showed that gasoline stocks rose by 3.5 million barrels for the week ending on July 15.
In China, the country's persistence in maintaining its tough strategy to try to eradicate COVID-19 is a drag on energy use and slows regional growth.
Brent crude futures for September delivery fell today by 0.38%, or the equivalent of 41 cents, to reach $106.51 a barrel.
US crude contracts for September delivery also fell by 1.88%, or the equivalent of $1.96, at $102.26 a barrel.
