LONDON—Oil prices dipped on Tuesday as fresh data added to gloom over the state of China’s post-pandemic recovery, although expectations of an extension in supply cuts by leading OPEC+ producers limited losses.
By 0933 GMT, Brent crude futures for November were down 51 cents at $88.49 a barrel, while U.S. West Texas Intermediate crude (WTI) October futures edged 14 cents lower to $85.41 a barrel.
