NEW YORK: Oil prices slipped on Thursday as global supply and demand worries erased earlier gains seen from an increase in Saudi Arabia's official crude selling price and a surprise rise in Chinese exports last month.
Brent futures fell 26 cents, or 0.9%, to settle at US$29.46 a barrel, while U.S. West Texas Intermediate (WTI) crude lost 44 cents, or 1.8%, to settle at $23.55.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!