MELBOURNE/SINGAPORE, Nov 3 (Reuters): Oil prices slipped on Tuesday as concerns over surging coronavirus cases around the world and political uncertainty ahead of the U.S. election offset hopes that major producers would hold back from ramping up output.
Brent crude futures slipped 16 cents, or 0.4% to $38.81 a barrel at 0757 GMT, while US West Texas Intermediate (WTI) crude futures were down 9 cents, or 0.2%, to $36.72 a barrel. Both benchmarks gained nearly 3% on Monday.
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