Oil Falls by More Than $1 Per Barrel as Demand Fears Linger

Oil Falls by More Than $1 Per Barrel as Demand Fears Linger
Pump jacks operate at sunset in an oil field in Midland, Texas, on Aug. 22, 2018. Nick Oxford/Reuters
Reuters
Updated:

LONDON—Oil prices fell by more than $1 per barrel on Tuesday as bearish economic data from key global economies heightened demand fears.

International benchmark Brent crude futures fell by $1.30 to $91.96 per barrel by 1117 GMT, after easing 0.3 percent in the previous session.