Oil down for a second day as US Gulf of Mexico output returns
TOKYO: OilNSE -0.12 % prices fell for a second day on Tuesday as more production facilities returned to operation in the US Gulf after Hurricane Barry swept through over the weekend, while Chinese economic data dimmed the outlook for crude demand.
Brent crude futures were down 10 cents, or 0.2 per cent, at $66.38 a barrel by 0028 GMT. They fell 0.4 per cent overnight.
US crude fell by 10 cents, or 0.2 per cent to $59.48 a barrel. The US benchmark fell about 1 per cent in the previous session.
