Oil prices slip as economic worries offset tightening supplies


LONDON/SINGAPORE, July 12 (Reuters): Crude futures slipped on Monday as concerns over slowing global growth outweighed the prospect of tightening supply after talks among key producers to raise output in coming months stalled.

Brent crude for September fell 73 cents, or 1%, to US$74.82 a barrel by 0900 GMT while US West Texas Intermediate crude for August was at US$73.81 a barrel, down 75 cents, or 1%.

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