Oil prices down on US crude build, China demand worries

Singapore, Nov. 16 (BNA): Oil prices fell on Thursday, extending losses from the previous session, as signals of higher supply from the United States met worries about lacklustre energy demand from China.

 

Brent futures slipped 72 cents to $80.46 a barrel by 0400 GMT. U.S. West Texas Intermediate crude (WTI) shed 67 cents to $75.99 a barrel, Reuters reported.

 

Both benchmarks fell more than 1.5% in the prior session.


 

JA







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