Oil prices dipped as geopolitical risks stabilized and China's slowing demand growth continued to impact the market. Brent crude futures for December delivery were down 0.3 percent, while US West Texas Intermediate crude futures for November delivery were 0.2 percent lower. The market remains nervous about potential disruptions to oil supply due to the ongoing conflict in the Middle East. However, gains are expected if there are clearer signs of China's economic recovery and improvement in the US economy. China's oil-demand growth is expected to remain weak despite recent stimulus measures, but Saudi Aramco remains optimistic about China's oil demand.