Oil prices slide for second straight day as US-China tariff deadline looms

Oil prices slipped for a second straight day on Tuesday as a slowing global demand outlook outweighed OPEC's deal with associated producers last week to deepen output cuts in 2020. Brent crude was down 33 cents, or 0.5%, at $63.92 per barrel by 1134 GMT while West Texas Intermediate oil was 29 cents, or 0.5%, lower at $58.

73 a barrel. The benchmarks fell 0.2% and 0.3% respectively on Monday. Last week, the Organization of the Petroleum Exporting Countries (OPEC) and associated producers like Russia agreed to deepen output.

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