WTI drops on speculation U.S. government shutdown may slow demand

West Texas Intermediate crude declined for the fourth session in five days reducing the first weekly increase in a month amid concerns that demand in the world's largest consumer of the commodity, U.S., will slow as the country's government stays closed for the third day. WTI for settlement in November fell 41 cents to $102.90 a barrel on the NYMEX and was traded at $103.18 at 3:03 p.m. in Singapore.