Oil slips as trade worries offset Cushing drawdown

NEW YORK (Reuters) - Oil prices edged lower on Monday as little progress on U.S.-China trade negotiations kept prices pressured, but bullish inventory data in the United States offered some support.Brent crude futures lost 33 cents to settle at $62.18 a barrel, after falling to $61.57 earlier in the session. U.S. West Texas Intermediate (WTI) crude fell 38 cents to settle at $56.86 a barrel.Investors are worried about fallout from the 16-month U.S.-China trade war, which has slowed economic..