RTRS:Oil drops more than $2 on debt, growth worries
* Euro zone debt crisis stokes risk aversion
* Chinese August oil demand growth lowest this year
* Speculators cut net long crude positions on NYMEX, ICE
* Tropical Storm Nate makes landfall in central eastern Mexico (Updates throughout, changes dateline, previous SINGAPORE)
By Christopher Johnson
LONDON, Sept 12 (Reuters) - Oil fell by more than $2 on Monday on concerns over Europe's deepening debt crisis and slowing global growth.
Worries that Greece might default on its debts rose after finance ministers of the large industrialised economies pledged a coordinated response to the global slowdown but offered no specific steps to support their economies.
Brent crude oil LCOc1 fell as much as $2.25 per barrel to a low of $110.52 and was down more than 1.5 percent at $110.80 by 0734 GMT. U.S. crude CLc1 slid $2.18 to a low of $85.06.
Escalating risk aversion helped push the dollar up against a basket of currencies while stock markets fell in Asia and opened sharply lower in Europe. Continued...
