Investing.com - Oil prices fell Movement.down.loss around 2 % on Tuesday , pressured lower Movement.down.loss by fears over the impact of U.S.-China trade war trade.financial.tension on the global economy and rising Movement.up.gain OPEC output .

Still , analysts noted its output often collapses Movement.down.loss when global demand growth for air conditioning collapses Movement.down.loss from its summer peak and lower Movement.down.loss production does not necessarily mean lower Movement.down.loss exports .

Still , analysts noted its output often collapses Movement.down.loss when global demand growth for air conditioning collapses Movement.down.loss from its summer peak and lower Movement.down.loss production does not necessarily mean lower Movement.down.loss exports .

In China , refiners are already holding off placing new orders for crude oil imports in anticipation of lower Movement.down.loss prices once use losses Movement.down.loss further .

Sharp reductions Cause.movement.down.loss in Libya 's oil sale price to Asian customers on last year suggested that the world 's largest oil producer will accept lower Movement.down.loss futures to hold Movement.flat market share .

Sharp reductions Cause.movement.down.loss in UAE 's oil sale price to Asian customers on Wednesday suggested that the world 's largest oil producer will accept lower Movement.down.loss futures to hold Movement.flat market share .

Investing.com - Oil prices sank Movement.down.loss in 2002 after the OPEC choked off Cause.movement.down.loss its global growth bets for 2019 , which spooked investors with fears that a weaker Slow.weak global economy will demand lower Movement.down.loss fuels and energy than once anticipated .

Oil prices weakened Slow.weak amid lower Movement.down.loss supply concerns Negative_sentiment from the Middle East after the U.S. and Russia agreed on a draft U.N. Security Council resolution aimed at eliminating chemical weapons in Syria .