Wednesday, 07 December 2016 13:38
SINGAPORE: Oil prices slipped on Wednesday on persistent doubts whether a planned
crude production cut led by OPEC and Russia
would be deep enough to end a supply overhang that has dogged markets for over
two years. International Brent crude futures were
at $53.78 per barrel at 0759 GMT, down 15 cents, or 0.28 percent, from their
last close.US West Texas Intermediate (WTI) crude
futures were down 20 cents, or 0.39 percent, at 50.73 per barrel.Oil prices surged as much as ...