Oil dips on global economic slowdown, but OPEC-led cuts provide support
Oil prices dipped on Wednesday on increasing signs of a global economic slowdown, although OPEC-led supply cuts helped support Brent crude above $60 per barrel.
International Brent crude oil futures (LCOc1) were at $60.53 per barrel at 0403 GMT, down 11 cents, or 0.2 percent, from their last close.
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