Oil Prices Slip as Concerns Over Hurricane Damage Ease

OIL PRICE - NEW YORK. Oil prices slipped on Tuesday after a hurricane that hit a key U.S. oil-producing hub in Texas caused less damage than markets had expected, easing concerns over supply disruption.

Brent futures fell 39 cents or 0.45% to $85.36 a barrel by 1111 GMT, while U.S. West Texas Intermediate (WTI) crude slipped 44 cents or 0.53% to $81.89.