Oil prices dip on swelling U.S. supply; OPEC output cuts loom - Dealers Care

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Friday, 30 November 2018

Oil prices dip on swelling U.S. supply; OPEC output cuts loom

By Henning Gloystein SINGAPORE (Reuters) - Oil prices slipped on Friday after the United States reported a 10th straight weekly gain in commercial crude reserves amid record output. U.S. West Texas Intermediate (WTI) crude futures were at $51.30 per barrel at 0023 GMT, down 15 cents, or 0.3 percent from their last settlement.

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