ReutersOil slips as oversupply, slowing growth outweigh US output dropReuters"The basic overriding position in the oil market at the moment is that the global production exceeds global demand by quite a wide margin," Said Ric Spooner, chief marke …

ReutersOil hit by oversupply and economic growth concernsReutersLONDON Oil prices fell on Thursday, driven lower by concerns about oversupply in a slowing global economy, although strong U.S. gasoline demand helped limit losses. The lack of any action by t …

ReutersOil down 3 percent on new Cushing builds, global growth worriesReutersNEW YORK Oil prices fell about 3 percent on Thursday after data indicating new record highs in U.S. crude inventories added to worries about oversupply in a slowing global economy …