Oil prices remained near these levels amid enhanced U.S. military presence in the Middle East to compel Iran to negotiate an end to its nuclear and ballistic missile programs. WTI crude futures fell 0.40% to $65.25. On Friday, Brent crude prices hit their highest level since July 31, while WTI crude prices reached their highest levels since August 4. Oil prices declined, with Brent crude futures down 0.15% to $70.65 per barrel. Market sources, citing data from the American Petroleum Institute, reported on Wednesday that U.S. oil inventories saw a massive increase of 11.43 million barrels.
