SINGAPORE: Oil slipped on Thursday as investors took profits following a month-long rally in prices, but strong demand and short-term supply disruptions continue to support prices close to their highest levels since late 2014.
Brent crude futures fell 49 cents, or 0.6%, to $87.95 a barrel as of 0740 GMT, after falling more than $1 earlier. The global benchmark rose to $89.17 a barrel on Wednesday, its highest since October 2014.
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