Brent Crude price fell below $100 on Tuesday due to weak demand

NEW DELHI: Brent Crude price fell below $100 on Tuesday as fresh COVID-19 curbs in China, the world’s biggest crude importer, and fears of a global economic slowdown weighed on the fuel demand outlook. Brent Crude Futures, a major benchmark for oil price worldwide, 7.1%, at $99.48 a barrel by 11:04 a.m. ET, while the US West Texas Intermediate crude fell 7.3% to $96.42.

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