UPDATE 8-Oil prices slip on China, Fed concerns

... are following the equity markets a bit," said Addison Armstrong, director of market research at Tradition Energy in Stamford, Connecticut. China's factory activity shrank for the first time in seven months in May, a survey showed, weighing on oil as ...

http://www.reuters.com/article/2013/05/23/markets-oil-idUSL6N0E41FR20130523?feedType=RSS&feedName=industrialsSector