Oil slip

Oil slips below $61 as weak demand outlook weighs

Oil slips below $61 as weak demand outlook weighs

Oil slipped below 61 dollars a barrel on Thursday as concern over the demand outlook offset a surprise drop in U.S. crude inventories and the prospect of further action by OPEC and its allies to support the market. In the latest sign of economic weakness that has prompted lower oil demand projections, employment in Germany’s […]