Oil prices fell on Thursday after recovering from earlier declines. Brent crude futures were down 37 cents, or 0.4%, at $92.39 a barrel at 09:46 GMT, while U.S. West Texas Intermediate (WTI) crude was down 37 cents, or 0.43%, at $86.16. Both benchmarks lost more than $1 a barrel in early Asian trade and remained on track for a weekly decline.

Oil prices fell on Thursday after recovering from earlier declines. Brent crude futures were down 37 cents, or 0.4%, at $92.39 a barrel at 09:46 GMT, while U.S. West Texas Intermediate (WTI) crude was down 37 cents, or 0.43%, at $86.16. Both benchmarks lost more than $1 a barrel in early Asian trade and remained on track for a weekly decline.