Crude oil futures cooled down on Thursday as an US led attack on Syria appeared less imminent after the UK parliament voted against military strikes. Also, the UN Security Council's permanent members failed to agree to a proposal for any military action against Syria. Crude prices have soared in last session on speculation that a US military attack in Syria may engulf the oil-rich Middle East and threaten global supply.
Benchmark crude oil futures for October delivery declined $1.30 or 1.2 percent to close at $108.80 a barrel after trading in a range of $110.07 and $108.60 a barrel on the New York Mercantile Exchange. In London, Brent oil futures for October delivery were down by 1.18% at $116.40 a barrel on the ICE.
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