Oil prices fell for the third straight day on Thursday, erasing most of the gains from the supply uncertainty caused by the Israel-Gaza war. Brent, the benchmark for two-thirds of the world’s oil, was trading 0.24 percent lower at $85.61 a barrel. West Texas Intermediate, the gauge that tracks US crude, was down 0.4 percent at $83.16 a barrel. Yesterday, Brent settled 2.09 percent lower at $85.82 a barrel. WTI closed down 2.88 percent at $83.49 a barrel.
