Oil futures prices fell at the end of trading on Tuesday, with the evaluation of data that renewed fears of weak demand, as a result of the contraction of industrial activity in major economies, despite the continuing geopolitical tensions in the Red Sea.
At the end of trading, futures contracts for Brent crude for March delivery fell by 1.5% or $1.15 at $75.89 per barrel, after rising during trading to $79.06.
While the price of US Nymex crude for February delivery fell by 1.75% or $1.27 to $70.38 per barrel, after touching $73.64 during the session.
read more
Follow the latest news on Google News
