Oil prices drop as trade tensions stoke economy worries
TOKYO: OilNSE 5.54 % fell on Tuesday amid worries over the outlook for demand after the latest signs that international trade disputes have been dragging on the global economy, although tensions in the Middle East offered some support to prices.
Brent crude futures were down 21 cents, or 0.3 per cent, at $63.90 a barrel by 0022 GMT. They fell 12 cents on Monday.
US West Texas Intermediate crude futures were down 20 cents, or 0.4 per cent, at $57.46 a barrel. They rose 15 cents in the previous session.
