New York's main contract, light sweet crude for September delivery eased 51 cents to 71.46 dollars a barrel. Brent North Sea crude for September delivery dropped 61 cents to 74.90 dollars per barrel.
Both contracts closed stronger Wednesday as investors returned to commodities including oil, drawn by the weakening US currency, which makes crude futures an attractive investment option. Crude futures are priced in the US currency and become cheaper when the dollar falls. LINK
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