Advertisement

Oil prices slip

Oil prices slipped on Monday despite news that OPEC was supportive of extending a six-month deal to cut output as investors continue to grapple with worries about growing U.S. oil output and high inventories.         

Brent was at $51.67 a barrel, down nine cents.
    
U.S. West Texas Intermediate (WTI) crude futures rebounded from losses, but were down 43 cents to $48.35 a barrel.



comments powered by Disqus
More Stories
Most Popular
NCB loses legal battle against its staff