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Oil eases on oversupply concerns ahead of holiday

Updated : December 24, 2018 07:02 AM IST

International benchmark Brent crude futures fell 27 cents, or 0.5 percent, to $53.55 a barrel at 0106 GMT. Brent touched $52.79 on Friday, its lowest since September 2017.
US West Texas Intermediate (WTI) crude futures eased 8 cents, or 0.1 percent, to $45.51 a barrel. WTI hit its lowest since July 2017 on Friday at $45.13.
Oil eases on oversupply concerns ahead of holiday

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