Oil prices slipped on Thursday, reversing early gains under pressure from rising COVID-19 infections in India and elsewhere although prices retained some support from a report the previous session that showed U.S. crude inventories fell much more sharply than expected. Brent crude oil futures fell by 43 cents, or 0.6%, to $68.54 a barrel by 11:47 a.m. ET (1547 GMT). West Texas Intermediate (WTI) U.S. crude futures slipped 54 cents, or 0.8%, to $65.09. “When Saudi Arabia cut their crude selling price, it was a stark reminder that there…
Read MoreCrude oil slips to $68.54 per barrel
