Oil prices declined for the fourth consecutive day on Thursday amid concerns that the United States might raise borrowing costs in response to a potential surge in inflation, which could dampen oil demand.Brent crude futures dropped by 27 cents, or 0.3%, to $81.63 per barrel at 0004 GMT. Meanwhile, U.S. West Texas Intermediate crude (WTI) futures slipped by 35 cents, or 0.5%, to $77.14.
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