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Oil slips for 2nd day on debt concerns, dollar
Oil slips for 2nd day on debt concerns, dollar
Brent crude slipped below $112 a barrel on Monday as Europe stumbled over attempts to solve the euro zone debt crisis, strengthening investor fears commodity demand growth may slow. Oil futures fell for a second day, sliding along with stocks, metals and the euro, while the dollar and gold rose. Markets are seeking safer assets ahead of a Federal Reserve meeting that may hint at further measures