As supply of Brent oil reinforces in the united states, Price of oil declines with relieving coal and gas prices limiting the demand switch that raised the price of oil products.
Brent oil futures fell to $84.16 at (4:38 AM GMT) 12:38 AM ET
Despite the market for oil reaching extreme values due to coal and gas shortages, Top suppliers particularly in Europe and Asia created the demand switch for electricity suppliers to fuel oil.
Analysts says support from the oil market will deep as coal and natural gas price falls.
According to the U.S. Energy Information Administration crude stocks at Cushing dropped to 31.2 million barrels. Irrespective of the low levels, U.S. crude was set for a 0.5% rise for the week, not far off a seven-year high hit earlier in the week.