Oct 18 (Reuters) – Oil prices fell more than 3% in volatile trading on Tuesday on fears of higher US supply amid a slowing economy and lower Chinese fuel demand.
Brent crude futures were down $2.37, or 3.6%, at $89.25 a barrel by 12:29 p.m. EDT (1629 GMT).
US West Texas Intermediate (WTI) crude oil futures fell $3.12, or 3.7%, to $82.34 after rising over $1 at the start of the session.
Sign up now for FREE unlimited access to Reuters.com
China, the world’s largest crude oil importer,…