Mumbai, Aug. 14 -- WTI Crude oil futures slipped yesterday amid sustained selling pressure as elevated US inventories and a generally tepid assessment of global demand trends weighed on the sentiments. WTI Crude oil futures fell around 1% to test two and half month low under $62 per barrel. International Energy Agency or IEA stated in a monthly update yesterday that global oil demand is projected to increase by 680 kb/d in 2025 and 700 kb/d in 2026, to reach 104.4 mb/d. Despite weaker-than-expected demand in China, India and Brazil in recent months, annual growth of 600 kb/d in 2Q25 occurred entirely in the non-OECD. Consumption in the OECD was flat, with Japan at multi-decade lows. Crude oil inventories in the United States increased by 3....