Global oil prices slumped to the lowest price in more than two years on continued concerns about weak demand. Brent, the global oil benchmark, is down 16% from the 2014 high reached in mid-June. Prices tumbled 3.7% this week, as the U.S. Energy Information Administration, the Organization of the Petroleum Exporting Countries and the International Energy Agency all cut their projections for oil-demand growth. “Supply is overwhelming the market, and demand’s not really keeping up with it,” said Oliver Sloup, director of managed futures at brokerage iiTrader in Chicago, adding that U.S. benchmark prices could fall below $90 a barrel. Light, sweet crude for October delivery wavered between gains and losses Friday before settling down 56 cents, or 0.6%, at $92.27 a barrel on the New York Mercantile Exchange, posting a 1.1% loss for the week. Brent fell 97 cents, or 1%, Friday to settle at $97.11 a barrel, […]