Oil futures lose ground Tuesday, pulling back in the wake of back-to-back gains after data on Chinese crude imports.
Oil futures fell early Tuesday, giving up some ground regained in back-to-back winning sessions as traders weighed data on Chinese crude imports.
The... Oil futures fell early Tuesday, giving up some ground regained in back-to-back winning sessions as traders weighed data on Chinese crude imports. The decline was likely the result of several factors, including a reduction in processing by refineries after a record 14.9 million barrels a day pace in March, said Carsten Fritsch, commodity analyst at Commerzbank, in a note.
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