Brent crude slipped below $112/B on Monday, dropping for a 2^nd straight session on concerns a fragile economy could curb oil demand, but supply worries stemming from tensions in the Middle East may help check losses. The World Bank on Monday, cut its economic growth forecasts for the East Asia and Pacific region, home of the world’s two largest oil consumers, and said there was a risk the slowdown in China could get worse and last longer than expected. Concerns about Europe persisted with the surprise drop in the US jobless rate also curbed oil prices. A stronger dollar makes commodities priced in the “greenback” more expensive for holders of other currencies(Reuters). Brent November crude fell 55 cents to $111.44/B , while US November crude fell 58 cents to $89.33/B.