Oil futures traded lower early Tuesday, slipping after back-to-back gains as investors weighed recession fears versus upbeat data on Chinese travel.
Price action
Market drivers
Brent and WTI traded higher over the previous two sessions, but suffered weekly losses of more than 5% last week as fears that interest rate hikes by the Federal Reserve and other major central banks would spark recession or a sharp slowdown in demand dented sentiment.
Crude…
