By Ramya Venugopal CHENNAI, India (Reuters) – Brent crude slipped towards $ 102 per barrel on Monday, extending last week's 2 percent drop, as a weak economic outlook in a well-supplied market pressured prices. The outlook for global oil demand growth weakened last week after disappointing data from key consumer China and reports showing ample U.S. inventory, which have dragged Brent down from this month's high near $ 106. "The markets are in a bit of a moderation mode at the moment, and we're seeing cumulative profit taking," said Ric Spooner, chief market analyst at CMC Markets in Sydney. …
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