LONDON—Oil prices fell on Tuesday as bleak economic data from top crude buyer China renewed concerns of a global recession and the market monitored talks on a reviving deal that could allow more Iranian oil exports.
Brent crude futures fell 84 cents, or 0.9 percent, to $94.26 a barrel by 0953 GMT. WTI crude futures dipped 45 cents, or 0.5 percent, to $88.96 a barrel. The oil future benchmarks fell about 3 percent in their previous sessions.
