Business Day | Oil dips amid signs of ample supply Business Day Singapore — Oil prices fell on Wednesday, weighed down by ample supply despite output cuts by producer cartel Opec and looming US sanctions against major crude exporter Iran. Brent crude futures were at $78.23 a barrel at 4.45am GMT, down 20c, ... Oil eases in late trading on US stockpile concerns Oil Prices Flat After API Reports Surprise Crude Build Oil Drops as Traders Assess Surprise Stockpile Build in the US |