Oil prices slip again as U.S. stockpile build looms, Kazakhstan outage fades
Brent crude futures fell 12 cents to $64.80 a barrel by late morning Wednesday, while U.S. WTI slipped 11 cents to $60.25. Traders pointed to expectations of rising U.S. inventories and weaker demand. The International Energy Agency projected global oil supply will outpace demand by 3.69 million barrels per day in 2026. U.S. inventory data releases were delayed by a federal holiday.