US Prices Fell Despite Storm News

U.S. oil prices fell back below $73 a barrel on Thursday despite a major storm brewing in the Atlantic might not endanger Gulf of Mexico oil platforms.

U.S. crude oil prices fell 52 cents to $72.81 a barrel by 0157 GMT, paring Wednesday's 95-cent gain, which had also been aided by a big decline in weekly U.S. crude stocks.

London Brent crude fell 56 cents to $71.08 a barrel after gaining $1.13 a day ago.