By Jane Merriman 2 hours, 4 minutes ago LONDON (Reuters) - Oil slid to around $108 a barrel on Tuesday after early reports showed Hurricane Gustav had spared major U.S. Gulf oil facilities.U.S. crude was $107.96 a barrel by 6:51 a.m. EDT, down $7.50 from Friday's close. It touched a session low of $105.46, its lowest since April 2.
A U.S. public holiday on Monday meant the New York Mercantile Exchange did not issue an official settlement price for U.S. crude on Monday.
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