Oil down 2 percent after Trump urges OPEC not to cut supply | Reuters:
Oil prices fell more than 2 percent on Tuesday after U.S. President Donald Trump put pressure on OPEC not to cut supply to prop up the market.
Brent LCOc1 dropped $1.97 a barrel, or 2.8 percent, to a low of $68.15 and was trading at around $68.40 by 1045 GMT. U.S. light crude CLc1 was $1.55 lower at $58.38.
Both crude benchmarks have fallen more than 20 percent since peaking at four-year highs in early October.
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