Oil futures fell at the close of trading on Tuesday, with the assessment of the report of the International Energy Agency, in light of the expectations of” S & P Global Ratings ” slowing the growth of China’s economy to 2.9% next year, if the real estate market crisis continues.
Futures contracts for benchmark Brent crude for December delivery fell by 1.95% to 1.76 dollars at 88.07 dollars per barrel, after rising during trading to 90.68 dollars.
The price of us NYMEX crude for December delivery also fell by about 2%, or 1.75 dollars, to 83.74 dollars per barrel, after it increased during the session to 86.30 dollars, to record the lowest settlement since the Twelfth of October.