Oil slips to $103
Brent crude oil slipped to $103 per barrel on Monday as an uncertain outlook for growth in the world's two largest oil consumers, the United States and China, encouraged commodities markets to consolidate.
Oil slipped below $83 a barrel on Thursday, pulling back from a 15-month high a day earlier, as signs of tighter monetary policy in China sparked concerns about demand in the engine room of commodity consumption growth.