Oil Prices Fall on Fears of Economic Slowdown

Oil Prices Fall on Fears of Economic Slowdown
The sun behind a crude oil pump jack in the Permian Basin in Loving County, Texas on Nov. 22, 2019. Angus Mordant/Reuters
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LONDON—Oil prices edged lower on Tuesday on fears of an economic slowdown and lower fuel demand from China as it persists with its stringent zero-COVID policy.

Brent crude futures fell 41 cents, or 0.45 percent, to $91.21 a barrel by 0948 GMT while U.S. West Texas Intermediate (WTI) crude futures fell 41 cents, or 0.48 percent, to $85.05.