Oil slips on weak China demand fears, U.S. rate rise forecast

SINGAPORE¬† -Oil prices fell in Asian trade on Tuesday, extending losses seen in the previous session, as weak economic data from China and expectations of a U.S. interest rate increase weigh on the market. Brent crude was down 0.3 percent, or 24 cents, to $79.07 a barrel by 0615 GMT, while U.S. West Texas Intermediate … Continue reading Oil slips on weak China demand fears, U.S. rate rise forecast