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Oil prices slide amid fears of supply boost, weaker demand

SINGAPORE, Nov 15 - Crude oil prices skidded on Monday, under pressure from expectations of higher supplies and weakening demand.Brent crude futures fell 58 cents, or 0.7%, to $81.59 a barrel, as of 0151 GMT. U.S. West Texas Intermediate $$ crude lost 58 cents, or 0.7%, to $80.21 a barrel.Both markets have dropped for the last three weeks, hit by a strengthening dollar and speculation that President Joe Biden's administration might release oil from the U.S. Strategic Petroleum Reserve to cool p
Oil prices slide amid fears of supply boost, weaker demand

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