NEW YORK (Reuters) -Oil prices were little changed on Tuesday as the market balances fears that an economic slowdown will hit oil demand against tight supply and a weaker U.S. dollar.
Brent futures for September delivery fell 14 cents, or 0.1%, to $106.13 a barrel by 10:48 a.m. EDT (1448 GMT), while U.S. West Texas Intermediate (WTI) crude for August fell 27 cents, or 0.3%, to $102.33.
The August WTI contract expires on Wednesday. The more actively traded September contract was down 38 cents to $99.04 a barrel.
On Monday, both front-month contracts rose by over 5% in the biggest daily percentage gain for Brent since mid-April and WTI since mid-May.
