Oil Prices Slip on Oversupply Concerns ...Middle East

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Oil Prices Slip on Oversupply Concerns
source : OILPRICE ( Middle East ) () 99
Oil prices slipped in early Asian trading on Thursday, giving back some of the previous session’s gains as traders prepared for the end of the summer driving season and closely watched trade tensions between the U.S. and India. At the time of writing, West Texas Intermediate (WTI) was down 39 cents, or 0.61%, at $63.76 a barrel, while Brent crude eased 41 cents, or 0.6%, to $67.64. The modest pullback followed a more than 1% rise on Wednesday, wth both benchmarks on course for their biggest monthly loss since April. The latest data from the…

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