©Reuters By Peter Nurse
Investing.com – Oil prices fell on Tuesday as weak Chinese data raised concerns about a slowing in economic activity at the world’s largest crude oil importer, weighing on likely future demand.
As of 08:45 ET (13:45 GMT), futures were trading 1% lower at $85.03 a barrel, while the contract was down 0.9% to $92.33.
Data released earlier on Tuesday showed China’s growth slowed to 5.0% while turning negative on a year-to-year basis, hurt by continued real estate development…
