TOKYO: Oil prices extended their losses on Tuesday as concerns about the fragile state of the global recovery in demand for crude and fuels were heightened by data showing China's oil imports fell in May.
Brent crude was down 49 cents, or 0.7%, at $71.00 a barrel by 0643 GMT, after declining 0.6% overnight. U.S. oil was off by 44 cents, or 0.6%, at $68.79 a barrel, having dropped by 0.6% in the previous session.
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