Washington, – Oil price dipped on Monday on worries about global oversupply of oil.
US West Texas Intermediate crude futures fell 5 cents to $50.55 a barrel after settling 25 cents higher in the previous session.
International benchmark Brent futures slipped 11 cents to $53.42 a barrel.
The March contract closed the previous session down 13 cents at $52.83 a barrel. (QNA)
Source: Qatar News Agency