U.S. crude inventories increased and global recession worries edged out optimism for demand recovery in China

AMN/ WEB DESK

Oil today slipped, adding to a decline in the previous session, as a rise in U.S. crude inventories and global recession worries edged out optimism for a demand recovery in China.

In intra-day trade, Brent crude was trading at 86 dollars and 40 cents per barrel while WTI crude price was at 80 dollars and 40 cents per barrel.

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