SINGAPORE: Oil futures fell on Tuesday as investors turned cautious ahead of a meeting of the Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, this Sunday when the producer group may discuss deepening supply cuts due to slowing global growth, according to Reuters.
Brent crude futures fell 51 cents, or 0.6 percent, to $81.81 a barrel by 10:46 a.m. Saudi time, while US West Texas Intermediate crude futures were at $77.32 a barrel, down 51 cents, or 0.7 percent.