Oil slips on demand worries

SINGAPORE: Oil slipped Tuesday in Asian trade as demand concerns continued to cast a shadow on sentiment, analysts said.

New York's main contract, light sweet crude for June delivery was off 27 cents to $97.10 a barrel and Brent North Sea crude eased 30 cents to $110.54.

Crude prices started falling earlier this month on the back of mounting concerns that high price levels could erode energy demand, especially in the United States, the world's number one oil consumer.