Oil dips below $106 as stimulus hopes fade

LONDON (Reuters) - Oil slipped below $106 a barrel on Tuesday as concerns that new central bank stimulus measures would fail to revive fragile economies outweighed China's pledge to keep its economy growing. Brent crude was off 31 cents to $105.91 per barrel by 1345 GMT, having dropped to a low of $105.27 in earlier trade. U.S. crude was down 26 cents at $89.52, after hitting a low of $89.34