By Yuka Obayashi and Colleen Howe TOKYO/BEIJING (Reuters) -Oil prices dipped on Monday, pressured by worries over a global glut as U.S.-China trade tensions added to concerns about an economic slowdown and weaker energy demand. Brent crude futures were down 53 cents, or 0.86%, at $60.76 a barrel as of 0610 GMT, while U.S. West Texas Intermediate futures fell 55 cents, or 0.96%, to $56.99, erasing gains from Friday. Both benchmarks declined more than 2% last week, marking their third consecutive weekly decline, partly due to the International Energy Agency's outlook for a growing supply glut in 2026. "Concerns about oversupply from increased production by oil- producing nations, coupled with fears of an economic slowdown stemming from escalating U.S.-China trade tensions, are fuelling selli
Oil prices slip on concerns over US-China trade tensions

89