Home Business Oil slips to $26 as weak demand, supply glut weigh Business Oil slips to $26 as weak demand, supply glut weigh By Genpie - May 1, 2020 102 0 Facebook Twitter Google+ Pinterest WhatsApp Oil slipped to around $26 a barrel on Friday as weak demand due to the coronavirus crisis and excess supply pressured the market, even as OPEC and its allies began a record output cut.