NEW YORK, Aug. 8 (Xinhua) -- Crude oil futures fell on Thursday, as traders took profit at the high price level.
Light, sweet crude for September delivery fell 56 cents to 71.59 dollars a barrel on the New York Mercantile Exchange.
Brent crude for September delivery fell 78 cents to 70.21 dollars a barrel on the ICE Futures exchange in London.
In the week ended Aug. 3, the nation's commercial gasoline supplies fell 1.7 million barrels, although analysts had expected a 1-million-barrel increase, the Energy Department reported Wednesday.
However, some investors sold positions to take profits amid concern over U.S. economy and credit market.
Light, sweet crude for September delivery fell 56 cents to 71.59 dollars a barrel on the New York Mercantile Exchange.
Brent crude for September delivery fell 78 cents to 70.21 dollars a barrel on the ICE Futures exchange in London.
In the week ended Aug. 3, the nation's commercial gasoline supplies fell 1.7 million barrels, although analysts had expected a 1-million-barrel increase, the Energy Department reported Wednesday.
However, some investors sold positions to take profits amid concern over U.S. economy and credit market.
