Oil slips on China growth worries as EU weighs Russian crude ban


LONDON, May 2 (Reuters): Oil prices fell on Monday as concerns about weak economic growth in China, the world's top oil importer, outweighed fears of potential supply stress from a potential European Union ban on Russian crude.

Brent crude futures fell 71 cents, or 0.6%, to US$106.43 a barrel at 0801 GMT, while US West Texas Intermediate (WTI) crude futures fell 70 cents, or 0.6%, to US$103.99 a barrel. Markets in Japan, India and across Southeast Asia were closed for public holidays on Monday.

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Oil , Price , Gloval , Down , China , Ukraine-Russia , Worries

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