SINGAPORE: US crude tumbled below $31 a barrel on Tuesday, extending a sell-off that has pushed it to more than 12-year lows amid a global supply glut, a strong dollar and tepid demand.
West Texas Intermediate (WTI) for delivery in February was down 87 cents, or 2.77 percent, to $30.54 per barrel for February delivery at around 6:30 a.m. local time.
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