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OIL PRICES EDGE LOWER DESPITE REPORTS OF SUPPLY DISRUPTIONS BY WWW.JOHNSONCOMMODITY.COM

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Oil prices edged lower on Tuesday despite the International Energy Agency (IEA) warned of further supply disruptions.

Brent Oil Futures for November delivery went down 0.03% to $76.48 at 12:42AM ET (04:42 GMT), while Crude Oil WTI Futures for October delivery also slipped 0.04% to $68.84.

On Monday, The IEA warned an economic crisis in Venezuela has cut deep into the OPEC-member's oil output. Venezuelan crude oil exports have halved in the previous two years to just 1 million bpd by mid-2018, according to trade flow data.

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