Global crude oil prices dipped, today. Brent crude oil futures fell 14 cents, to 45.70 dollars per barrel. U.S. crude lost 29 cents, to 44.37 dollars per barrel, weighed down by weakening U.S. demand. This week, both U.S. gasoline and diesel demand decelerated. The supply overhang could run into a third year in 2017 without an output cut from the OPEC, while escalating production from other exporters could lead to relentless supply growth, the International Energy Agency has said. And OPEC today reported an increase in its oil production in October to another record high despite its plan to cut output. A surging dollar also put pressure on prices