Oil markets: Global economy in focus

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A worker grabs a nozzle at a PTT gas station in Bangkok, Thailand, January 5, 2016.

Athit Perawongmetha | Reuters

Oil prices slipped on Tuesday, offsetting narrow gains in the previous session, as sluggish demand forecasts countered expectations that major producers would prop up oil prices by limiting crude oil output.

International benchmark Brent crude futures were down 18 cents or 0.3%, from the previous settlement, to $58.39 a barrel by 0310 GMT.

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Source cnbc.com

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