Oil prices fall on weak demand indicators, China data


Brent crude futures fell 28 cents, or 0.3%, to US$82.90 a barrel by 0024 GMT, while US West Texas Intermediate (WTI) crude futures fell 24 cents, or 0.3%, to US$77.68 a barrel.

NEW YORK: Oil prices fell in early Asian trade on Thursday on weaker-than-expected Chinese manufacturing data, but investors maintained caution ahead of an Opec+ meeting where production cuts are expected.

Brent crude futures fell 28 cents, or 0.3%, to US$82.90 a barrel by 0024 GMT, while US West Texas Intermediate (WTI) crude futures fell 24 cents, or 0.3%, to US$77.68 a barrel.

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