11-02-2016 04:14 via news.yahoo.com

Oil prices fall on U.S. storage glut, ongoing economic woes

By Henning Gloystein SINGAPORE (Reuters) - Oil prices slid on Thursday as record U.S. crude inventories at the Cushing delivery point and worries about a global economic slowdown weighed on markets, and Goldman Sachs said prices would remain low and volatile until the second half of the year. International benchmark Brent crude futures were trading at $30.53 per barrel at 0301 GMT, down 31 cents. U.S. West Texas Intermediate (WTI) crude futures were at $26.96 per barrel, down 49 cents and within
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