The Star Online | Oil slips as higher US output looms despite dip in drilling The Star Online SINGAPORE: Oil prices gave up earlier gains on Monday as rising U.S. output loomed over markets, despite a slowdown in rig drilling activity. U.S. West Texas Intermediate (WTI) crude futures were at US$61.90 a barrel at 0714 GMT, down 14 cents, or 0.2 ... |