Brent edges below $85/b threshold


Oil prices edged lower on Tuesday in volatile trade as weak demand data from China and a gloomy economic outlook weighed.

Brent crude futures fell $1.13, or 1.32%, to $84.78 a barrel by 1246 GMT. U.S. West Texas Intermediate crude was down $1.01, or 1.26%, at $79.25.

Both contracts rose by over...