Oil Falls as Outlook for China, Global Economy Weigh

Pump jacks of Wintershall DEA are pictured in Emlichheim near the northern German city of Meppen, Germany, on March 9, 2022. Fabian Bimmer/Reuters

LONDON—Oil prices edged lower on Tuesday in volatile trade as weak demand data from China and a gloomy economic outlook weighed.

Brent crude futures fell 46 cents, or 0.54 percent, to $85.45 a barrel by 1017 GMT. U.S. West Texas Intermediate crude was down 38 cents, or 0.47 percent, at $79.88.