Oil prices inch lower as demand forecasts reduced, supply rises

Brent crude fell 19 cents, or 0.4%, to $44.77 by 11:38 a.m. EDT (1538 GMT), but still heading for a rise of 0.9% this week. U.S. West Texas Intermediate was down 19 cents, or 0.5%, at $42.05 and was on track for a 2% rise.

from Commodities-Markets-Economic Times
Read The Rest:economictimes...