Oil Slips as Markets Assess OPEC+ Plans, Demand Concerns
Oil prices fell on Wednesday, extending losses from the previous two sessions, as investors weighed OPEC+ plans for a larger output hike next month, while data from the U.S. and Asia showed signs of demand waning.
Brent crude futures for December delivery were down 56 cents, or 0.9%, to $65.47 a barrel at 1316 GMT. U.S. West Texas Intermediate crude for November delivery was down 53 cents, also 0.9% lower, to $61.84 a barrel.
Both were trading at their lowest since early September, after settling more than 3% lower on Monday and losing another 1.5% on Tuesday...
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