Oil prices slip on China demand concerns, waning Middle East worries

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Oil prices slip on China demand concerns, waning Middle East worries
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A raft of disappointing economic news out of China has shaken markets recently. China's manufacturing activity likely shrank for a third month in July, a...

A raft of disappointing economic news out of China has shaken markets recently. China 's manufacturing activity likely shrank for a third month in July, a Reuters poll showed on Monday. Also on Monday, Citi cut China 's growth forecast to 4.8% from 5% after its growth missed analyst estimates in the second quarter, noting that economic activity softened further in July.

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