Oil slips as U.S. inventories swell, but OPEC may cut supply to avoid glut

November 22, 2018 admin Business News Comments Off on Oil slips as U.S. inventories swell, but OPEC may cut supply to avoid glut

Oil prices slipped on Thursday after U.S. crude inventories swelled to their highest level since December 2017 amid concerns of an emerging global glut, although the potential for a supply cut by OPEC prevented further drops.

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Source:: Reuters – Business News