Markets

Crude Oil Futures Fall On Economic Woes

Crude oil futures declined during Asian trading hours Tuesday as sentiment was dampened on concerns that faltering global growth could lead to lower oil demand.

Light sweet crude for August delivery declined 0.10 percent or 8 cents to $79.13 a barrel in electronic trading on the New York Mercantile Exchange during Asian trading hours while Brent crude oil futures for August delivery gained 11 cents to $91.11 a barrel on the ICE futures exchange in London.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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