Oil slips as investors weigh potential supply glut, weak demand
HOUSTON (Reuters) -Oil prices fell on Thursday as investors weighed a potential supply glut and weakened demand in the United States, the world’s largest oil consumer.
Brent crude futures were down 38 cents, or 0.6%, to $63.14 a barrel at 11:34 a.m. EDT (1634 GMT). U.S. West Texas Intermediate futures were down 47 cents, or 0.8%, to $59.13.
