The price of oil dipped slightly on Monday as a report on manufacturing in China signaled that a recovery in the world’s No. 2 economy would continue to be uneven. Benchmark U.S. crude for January delivery edged 23 cents lower, or 0.2 percent, to $96.37 a barrel at midday in Asia in electronic trading on the New York Mercantile Exchange. China’s massive manufacturing sector grew at a slightly slower pace in December, according to a preliminary survey by HSBC. The purchasing managers’ index report found that the growth rate slowed marginally from the month before, though it was still high enough to indicate that China’s economy is continuing to recover since slowing to 7.5 percent growth in the second quarter. Investors were also staying on the sidelines ahead of the U.S. Federal Reserve’s meeting to decide on whether to maintain its $85 billion in monetary stimulus. Expectations are growing […]