Pandit Ji Live Crude Oil News Forecast;  Pump Jacks Operate At Sunset In An Oil Field In Midland:

Oil slips on signs of rising supplies, economic slowdown jitters:

© Reuters. Pump jacks operate at sunset in an oil field in Midland
Oil prices fell on Thursday, extending losses in previous sessions, amid signs of rising supply and growing concerns that demand might weaken on the prospect of a global economic slowdown.


The Brent crude January futures contract lost 46 cents, or 0.61 percent, to trade at $74.58 per barrel by GMT0451. West Texas Intermediate (WTI) crude futures fell 41 cents to $64.90 a barrel.

Both benchmarks posted their worst monthly performance since July 2016 on Wednesday, with Brent falling 8.8 percent for October and WTI dropping 10.9 percent.

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