2018-10-31
Oil prices tumbled on Tuesday, driven by signs of oversupply, fears of global economic growth and demand for fuel hit by a trade war between Washington and China.
 
Brent crude futures were $ 1.43, or 1.85 percent, at $ 75.91 per barrel.
 
US WTI futures fell 86 cents, or 1.28 percent, to settle at $ 66.18 a barrel.
 
Earlier in the session, Brent hit a session low of $ 75.09 a barrel, the lowest since Aug. 24. US crude fell to $ 65.33 a barrel, its weakest since August 17.
 
The crude fell about $ 10 from its highest level in four years it reached in the first week of October. According to Reuters.