LONDON/SINGAPORE, Sept 7 (Reuters): Oil prices were mixed on Tuesday as Saudi Arabia's sharp cuts in crude contract prices for Asia sparked fears over slower demand, but strong Chinese economic data capped losses.
Brent crude futures were up 12 cents, or 0.2%, to $72.34 a barrel by 0947 GMT, after falling 39 cents on Monday. US West Texas Intermediate crude was at $68.83 a barrel, down 46 cents, or 0.7%, from Friday's close, with no settlement price for Monday due to the Labour Day holiday in the United States.
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