Oil prices fell this evening after a report showed weak US economic growth and Washington still had no deal ahead of the August 2 deadline to raise the US debt ceiling and avoid default.
The US economy stumbled in the first half, according to Commerce Department data that showed a weaker than expected 1.3% annual growth rate in the second quarter.
Brent crude fell 45 cents to $116.91 a barrel, having fallen as low as $115.75. US crude was down $1.50 to $95.94.
Europe's sovereign debt problems remained in focus as ratings agency Moody's put Spain on review for a possible downgrade.
