Oil prices drop as bleaker fuel demand outlook weighs on market


TOKYO, Sept 15 (Reuters): Oil prices edged lower on Tuesday as worries over a slow recovery in global fuel demand, depressed by the coronavirus pandemic, chimed with bleak outlook warnings by major oil producers.

Brent crude was down 4 cents, or 0.1%, at US$39.57 a barrel by 0642 GMT, while US West Texas Intermediate (WTI) crude futures were down 2 cents, or 0.1%, at US$37.24 a barrel. Both contracts ended slightly lower the previous day.

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