World oil prices slipped today as traders fretted over the weak energy demand outlook after poor company results and downbeat economic data in key energy consumer the US.
New York's main contract, light sweet crude for delivery in August, shed four cents to $76.50 a barrel.
Brent North Sea crude for September dipped 20 cents to $75.42 in afternoon London trade.
Oil had rebounded yesterday on bargain-hunting after recent falls but Wall Street sank today as poor results and fresh evidence of a sclerotic housing recovery hit investor sentiment.
