OIL prices slipped on Tuesday on worries about a slowing Chinese economy crimping demand, though a growing consensus that the U.S. Federal Reserve will begin cutting its key interest rate as soon as September limited declines.
Brent futures fell 57 cents, or 0.67%, to $84.28 a barrel by 0630 GMT, while U.S. West Texas Intermediate (WTI) crude dropped 59 cents, or 0.72%, to $81.32.
