Oil slips on oversupply worries

Brent, WTI have lost more than a third of value since start of October

Oil price: Brent crude futures dropped 4.24%, or $2.31, to settle at $52.16 a barrel
Oil price: Brent crude futures dropped 4.24%, or $2.31, to settle at $52.16 a barrel
Published 27 December 2018, 22:21Updated 27 December 2018, 22:21