US crude falls more than $1 on weak China data, Norway strike halt

SINGAPORE: US crude futures fell more than $1 on Tuesday as weak Chinese import data stoked fears of a global fuel demand slowdown and Norway averted a full output shutdown after the government stopped a labour strike.

US crude had slipped to a low of $84.89 a barrel, down $1.10.

China imported 21.72 million tonnes of crude oil in June, down 14.8 percent from 25.48 million in the previous month, according to data from its General Administration of Customs.