Dwindling demand sends Brent below $77/b

04.09.2024

Brent oil prices declined on Tuesday as sluggish economic growth in China, the world's biggest crude importer, increased demand concerns while a halt to Libyan production and exports provided a floor.

Brent crude futures fell 92 cents, or 1.2%, to $76.62 a barrel by 0814 GMT.

West Texas Intermediate crude futures, which...