Oil slips as demand worries offset hopes for stimulus

Oil prices fell on Tuesday as demand concerns driven by COVID-19 outweighed hopes that U.S. lawmakers and the White House were nearing an agreement on a new stimulus package to revive the world's biggest economy.U.S. West Texas Intermediate (WTI) crudefutures slipped 17 cents, or 0.4%, to $40.43 at 0120 GMT, while Brent crudefutures also fell 17 cents, or 0.4%, to $42.26 a barrel.Commodities markets had crept up in earlier trade as Democratic lawmakers unveiled a new $2.2 trillion coronavirus re