Oil Slips on Demand Jitters and Profit-Taking

Oil Slips on Demand Jitters and Profit-Taking
Army soldier miniatures and stock graph are seen in this illustration taken on Oct. 9, 2023. Dado Ruvic/Reuters
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LONDON—Oil prices dipped on festering demand concerns and profit-taking prompted by last week’s gains as conflict in the Middle East showed no signs of easing.

Brent crude futures were down 78 cents, or 0.9 percent, at $82.69 a barrel by 1030 GMT.