Oil prices dipped on Tuesday, extending losses from the previous session, as output in the U.S. Gulf of Mexico resumed after Hurricane Barry and as U.S. shale production is set to rise to a record. Brent crude futures LCOc1 were down 4 cents at $66.44 a barrel by 00642 GMT. They fell 0.4% overnight. U.S. West Texas Intermediate crude futures CLc1 dropped by 13 cents, or 0.2%, to $59.45 a barrel. The U.S. benchmark fell about 1% in the previous session. Producers on Monday began restoring some of the roughly three-quarters of output that was shut at U.S. Gulf of Mexico platforms ahead of Hurricane Barry. “The previous storm expectations didn’t pan out, which is good, but you have still got platforms with about 69 percent of output […]