Oil dips as emerging market woes dim demand outlook

By Christopher JohnsonLONDON (Reuters) - Oil prices slipped on Monday as trade tensions and troubled emerging markets dented the outlook for fuel demand, though U.S. sanctions against Iran pointed towards tighter supply ahead.Benchmark Brent crude oil was down 10 cents at $72.74 a barrel by 0850 GMT.

U.S. light crude was 15 cents lower at $67.48 a barrel.Turkey's financial crisis has raised the risk of contagion throughout emerging economies, dragging down South Africa's rand, Argentina and Mexico's pesos as well as the Russian rouble. It has.....

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