Oil slips further below $80 per barrel on talk OPEC may lift output
Updated : May 25, 2018 06:35 AM IST
Global inventories have been broadly falling, even as U.S. crude production has risen. The United States in February produced 10.3 million bpd, a record.
A weaker dollar makes greenback-denominated commodities less expensive for holders of other currencies. The dollar fell more than 0.3 percent against a basket of currencies.
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