Oil slips to two-week low as China weakness outweighs tight supplies (NYSEARCA:XLE)

Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.


Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.

SlavkoSereda/iStock via Getty Images

Energy logged Tuesday’s biggest stock sector decline, as U.S. oil futures slipped below $81/bbl in thin trading following another round of weak economic data out of China, which prompted surprise interest rate cuts by the People’s Bank of China.

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