NYMEX-Crude slips towards $95 on falling U.S. consumer sentiment
SINGAPORE, Jan 21 (Reuters) - U.S. crude slipped towards $95 per barrel on Monday, on track for its first fall in four sessions, after a surprise drop in U.S. consumer sentiment dented the outlook for demand in the world's biggest oil user.
* U.S. crude futures had fallen 36 cents to $95.20 per barrel by 0028 GMT. Brent slipped 22 cents to $111.67 per barrel, also its first decline in four sessions.
* U.S. markets are closed on Monday for a holiday.
* U.S. consumer sentiment unexpectedly deteriorated for a second straight month to its lowest in over a year in January, with many consumers citing fallout from the recent fiscal debate in Washington, a survey on Friday showed.
* Republicans in the U.S. House of Representatives on Friday backed away from the fiscal clash with President Barack Obama that could have risked default and chaos in markets, shifting to a new, less aggressive stance.
* Algerian troops found 25 bodies of hostages at a bomb-littered gas plant deep in the Sahara desert on Sunday, a day after ending a four-day siege, raising the death toll of militants and their captives to at least 80.
* Iran said it had made some progress in resolving its disputes with the U.N. atomic watchdog, state media reported, even though the two sides' latest talks failed to seal a deal on letting inspectors visit a military site.
* World oil markets are tightening as Chinese fuel demand increases and OPEC supplies fall, draining inventories, the West's energy agency said on Friday, in a trend that could put extra upward pressure on prices.
* Asian shares edged lower on Monday, taking a breather after hitting multimonth highs, while the yen touched a new low ahead of the outcome of the Bank of Japan policy meeting this week amid expectations for bold monetary easing measures.
0700 Germany producer prices Dec
1600 Eurogroup meeting in Brussels
(Reporting by Ramya Venugopal; Editing by Joseph Radford)