Oil Prices Below $62

Oil Prices Below $62Oil Prices Below $62

Oil prices dipped under $62 a barrel on Wednesday after industry data showed a build in US crude inventories for the 15th straight week, adding to concerns of a global supply glut.  Brent crude for June delivery was down 45 cents at $61.63 a barrel on Wednesday, while US crude for June delivery fell 51 cents to $56.10 a barrel, Reuters reported.