Oil prices drop in third straight session as China data feed worries over demand

Oil futures on Tuesday stretched their losses into a third consecutive session, with global benchmark prices settling at their lowest in a month, as investors worried about demand from China, the world’s second-largest consumer of crude.

Price moves

Market drivers

“Although unreliable data makes China’s economy a bit of a mystery, it looks more like a bearish mystery than a bullish mystery right now,” Michael Lynch, president at Strategic Energy & Economic Research, told MarketWatch.

Brent…