Oil slipped below $61 a barrel on Tuesday, dragged lower by weakness in some other commodity markets, although threats to Middle East crude supplies and expectations lower prices may prompt a slowdown in U.S. output limited the fall.
Silver fell by up to 5 percent and gold snapped a three-day rally. Investors in those commodities remained cautious after a breakdown of debt talks between Greece and euro zone finance ministers.
Brent crude fell 67 cents to $60.73 a barrel by 1504 GMT. It reached a 2015 high of $62.57 on Monday. U.S. crude dropped $1.39 to $51.39 a barrel.
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