Brent gives way as demand outlook worsens

09.11.2022

Oil prices fell more than $2 on Tuesday in choppy trading on growing worries about fuel demand as COVID-19 outbreaks worsened in top crude importer China, and jitters about the outcome of U.S. midterm elections.

Brent futures for January delivery fell $2.56 to $95.36 a barrel, a 2.6% loss. U.S. crude...