ALBAWABA – Oil inventories dropped significantly in July amid deep supply cuts, as oil prices slip below their three-month high on Monday, news agencies reported. Brent crude futures were down to $84.69 a barrel by 0632 GMT, according to Reuters, while West Texas Intermediate crude was at $80.36 a barrel. Yet, oil prices are expected to rise on tighter supply, official United States (US) and international agencies confirmed. The September ...