Oil slips more than 1% on fears recession may hit demand Energy‚ Financial‚ Oil & Gas | intent | May 13, 2022 | Comment off Brent crude futures slipped US$1.32, or 1.2%, to US$106.19 a barrel by 0646 GMT. WTI crude futures fell US$1.52, or 1.4%, to US$104.19 a barrel