* Equities, euro slip on worries about euro zone debt woes * Dollar strength help pressure dollar-denominated oil * Coming up: API oil inventory data, 4:30 p.m. EDT Tuesday (Recasts, updates prices, market activity, changes byline, moves dateline from previous LONDON) By Robert Gibbons NEW YORK, Sept 19 (Reuters) - Oil fell more than 2 percent on Monday as mounting concern over the euro zone debt crisis exacerbated investor fears about the demand outlook for commodities. Oil slid with stock markets, copper and the euro, while the dollar index .DXY and gold rose. Investors sought safer assets ahead of a Federal Reserve meeting that may hint at further measures to bolster the world's biggest economy. [MKTS/GLOB] [ID:nL3E7KJ06Z] "Financial markets want a precise and clear plan on how to deal with the European debt crisis, but they are not getting it," said Christophe Barret, global head of oil research at French bank Credit Agricole. "The economic backdrop is weak." Investors will watch the outcome on Wednesday of a two-day meeting of the U.S. Federal Reserve, and a G20 gathering on Thursday and Friday, for indications of steps governments and policymakers may take to restore market confidence. ICE Brent November crude LCOc1 fell $2.60 to $109.62 a barrel by 11:51 a.m. (1551 GMT), having fallen as low as $108.87. U.S. October crude CLc1, approaching expiration on Tuesday, fell $2.14 to $85.82 a barrel, after slumping as low as $84.93. Brent was expected to remain neutral and stay in a range of $110.42-$116.60 per barrel, with a downside bias, while a bearish target for U.S. oil was pegged at $85.52 per barrel, according to Reuters technical analyst Wang Tao. [TECH/C] <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ For a 24-hour technical outlook on Brent: here For a wrap on global markets: [MKTS/GLOB] ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^> U.S. stocks fell sharply as renewed fears of a Greek debt default prompted investors to book some of last week's gains and turn toward the safety of U.S. government debt. [.N] EURO ZONE CRISIS An EU finance ministers meeting in Poland over the weekend broke no new ground in dealing with the crisis. International lenders told Greece it must shrink its public sector and improve tax collection to avoid default within weeks. Greek Finance Minister Evangelos Venizelos said Greece would do what was necessary to get more rescue funds, but would not allow itself to be a scapegoate for euro zone policymakers who had failed to deal with the region's debt problems. [ID:nL5E7KJ1NN] (Additional reporting by Selam Gebrekidan in New York, Christopher Johnson in London and Manash Goswami in Singapore; Editing by David Gregorio)

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