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 were at $60.46 per barrel at 0146 GMT, down 18 cents, or 0.3 percent from their last close.
U.S. West Texas Intermediate (WTI) crude futures were down 23 cents, or 0.4 percent, at $51.88 a barrel.
Prices were weighed down as signs of a global economic slowdown mounted.
Source : Reuters