Brent crude oil slipped Movement.down.loss below $ 66 a barrel on Wednesday , just above a five-year low Position.low , on mounting signs of oversupply Oversupply and lackluster Slow.weak demand as global economic growth falters Slow.weak .

But Lagarde warned lower Movement.down.loss crude futures were hitting some oil exporters particularly hard , especially Russia , Iran , Venezuela and Nigeria , leaving their economies lackluster Slow.weak .

LONDON ( Reuters ) - Brent crude oil steadied Movement.flat around around $ 105 per barrel on 2019 , supported by lackluster Slow.weak supply and hopes of demand growth from the world 's top oil consumers , the United States and China .