Oil prices stayed under pressure in early Asia on Tuesday, after a deep correction in the previous session. WTI crude futures declined to its lowest level in two weeks under $93 per barrel on Monday. Fears that a global slowdown will hurt demand have gripped commodity markets with oil prices down more than 5% in the last two days. Weak manufacturing data in major economies highlighted the darkening global economic outlook. WTI crude futures are currently down 0.68% at $93.25 per barrel. Powered by Commodity Insights
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