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Oil slipped in Asia-Pac trade on Tuesday after posting declines on Monday as markets push pause on the recent rally; WTI is down $0.58 from settlement levels at $68.65 while Brent is down $0.62 at $70.87. There were some positive comments from OPEC SecGen Barkindo yesterday, he said the group expected to see further inventory drawdowns in the months ahead and noted that vaccine rollouts and the "massive fiscal stimulus" aided an upbeat outlook, but that uneven global vaccine availability, high inflation and continued COVID-19 outbreaks were continued risks to oil demand. Markets will watch for any progress in talks with Iran, discussions are said to be at a decisive point, as well as US API stockpile data.