Singapore — Oil prices dipped on Thursday after sharp gains in the previous session following a surprise draw in US crude inventories, with concerns over a weak demand outlook adding to downward pressure.
Brent crude futures fell 33 cents, or 0.5%, to $60.84 a barrel by 3.35am GMT. The international benchmark crude rose 2.5% on Wednesday to settle at $61.17 a barrel, levels not seen since September 30...
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