Brent futures managed to surpass $80 on Tuesday on supply concerns, but a growing sense of trouble for the global economy eventually prevailed and pushed oil prices down for the day. Traders have obsessed over tightening oil supplies in recent weeks, but shifted their focus on Tuesday to the multiplying red Uags for the global economy — namely, declining consumer conOdence in the US, an energy crisis in China and the threat of another government shutdown in Washington.
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