Melbourne/Singapore — Oil prices slipped on Thursday, extending losses of more than 5% in the previous session, weighed down by record high US crude inventories and worries that a rapid resurgence in Covid-19 cases could choke a revival in fuel demand.
US West Texas Intermediate (WTI) crude futures fell 26 cents, or 0.7%, to $37.75 a barrel at 2.45am GMT on Thursday, after dropping $2.36 on Wednesday...
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