Oil slips on signs of rising supplies, economic slowdown jitters:
Oil prices fell on Thursday, extending losses in previous sessions, amid signs of rising supply and growing concerns that demand might weaken on the prospect of a global economic slowdown.
The January futures contract lost 46 cents, or 0.61 percent, to trade at $74.58 per barrel by GMT0451. West Texas Intermediate (WTI) crude futures fell 41 cents to $64.90 a barrel.
Both benchmarks posted their worst monthly performance since July 2016 on Wednesday, with Brent falling 8.8 percent for October and WTI dropping 10.9 percent.
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