Home Business Oil slips further below $59 on weaker economic outlook Business Oil slips further below $59 on weaker economic outlook By Genpie - October 16, 2019 77 0 Facebook Twitter Google+ Pinterest WhatsApp Oil slipped further below $59 a barrel on Wednesday, pressured by concerns about weaker demand for fuel due to slower economic growth and forecasts of a further rise in U.S. crude inventories.