TOKYO Oil prices fell for the first time in four days on Wednesday, retreating from five-month highs as rising cases of coronaviruses worldwide and in the United States weakened market confidence in a pickup in fuel demand. .
Brent crude fell 16 cents, or 0.4%, to $ 44.27 per barrel at 0117 GMT. It finished 0.6% higher on Wednesday, the highest close since March 6.
West Texas Intermediate oil fell 17 cents, or 0.4%, to $ 41.53 per barrel. The contract ended Tuesday trading 1.7% higher, its highest close since the end of July.
Coronavirus cases continue rising in the United States, and deaths are at more than a 1,000 a day, while dozens of states have had to pause or scale back plans to reopen their economies.
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