Oil prices extended losses in early Asian trade on Tuesday as OPEC lowered its forecast for 2022 global demand, while a surge in COVID-19 cases in China challenged fuel economy expectations for the world’s biggest oil buyer .
After falling 3% on Monday, Brent crude futures fell 39 cents, or 0.4%, to $92.75 a barrel. After falling 3.5% in the previous session, US West Texas Intermediate Crude traded at $85.31 a barrel as…
