Oil fell on Tuesday amid worries over the outlook for demand after the latest si...
TOKYO - Oil fell on Tuesday amid worries over the outlook for demand after the latest signs that international trade disputes have been dragging on the global economy, although tensions in the Middle East offered some support to prices.
U.S. West Texas Intermediate crude futures were down 20 cents, or 0.4%, at $57.46 a barrel. They rose 15 cents in the previous session. Japanese government figures on Tuesday also showed that real wages in the country fell for a fifth straight month. Prices are still susceptible to shocks from the lingering tensions in the Middle East, analyst and traders said.
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