Oil prices are edging lower on Thursday morning after three days of gains.

September Brent futures fell by $0.46 (0.54%) to $84.49 per barrel on the London-based ICE Futures exchange. On Wednesday, Brent rose by $0.22 (0.26%) to $84.95 per barrel.

August WTI futures fell by $0.26 (0.33%) to $79.34 per barrel in electronic trading on the New York Mercantile Exchange (NYMEX). During the previous session, the contract gained $0.26 (0.33%) to $79.6 per barrel.