SINGAPORE: Oil prices tumbled further in Asia Tuesday, with weak global demand and an oversupply dictating the trend for the commodity, analysts said.

US benchmark West Texas Intermediate (WTI) for delivery in February eased $1.26 to $47.43 in afternoon trade and Brent crude for March fell six cents to $48.78.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details