Oil prices slipped in Asian trade early on Monday, retreating from Friday’s ten-week high amid profit-taking and continued concerns about the world’s two biggest economies, the U.S. and China. As of early trade in Europe, WTI Crude traded at $73.15, down by 0.96% on the day. The international benchmark, Brent Crude, was down by 0.96% at $77.72. Both benchmarks settled over 2% higher on Friday, to the highest levels in ten weeks. Early on Monday, however, macroeconomic concerns again trumped the ongoing OPEC+ efforts to tighten the physical…
