Oil dives 4% on demand worries even as OPEC, allies extend cuts
By Stephanie Kelly NEW YORK (Reuters) - Oil prices fell more than 4% on Tuesday, even after OPEC and allies including Russia agreed to extend supply cuts until next March, as weak manufacturing data had investors worried that a slowing global economy could dent oil demand. Brent crude futures fell $2.66, or 4.1%, to settle at $62.40 a barrel. U.S.
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