Oil slips after hitting 2015 high above $67

Oil slips after hitting 2015 high above $67

The collapse of oil prices in 2014 has prompted expectations that supply growth in higher-cost crude producers such as the United States will slow. On Friday, oil services firm Baker Hughes Inc. said the number of U.S. active rigs had fallen for a record 21 weeks in a row. Brent crude (LCOc1) slipped 15 cents to $66.31 (£43.83) a barrel by 1431 London time, after hitting a 2015 peak of