Oil prices slipped on Monday, as worries over further interest rate hikes that could curb energy demand trumped a tentative US debt ceiling deal that would avert a default by the world’s top oil consumer. Brent crude futures slipped 23 cents, or 0.3 per cent, to $76.72 a barrel by 1640 GMT, while US West Texas Intermediate crude was flat at $72.67 a barrel. Trade was subdued because of UK and US public holidays. “The euphoria of the debt deal is wearing off as concern mounts for another rate hike by the Fed in June,” brokerage Liquidity Energy LLC wrote in a note. US President Joe Biden and House of Representatives ... (full story)