
Oil edges lower on stronger dollar and weak Chinese data
BOE Report Oil prices edged lower on Tuesday as a stronger U.S. dollar and weak oil data from top crude importer China shifted momentum after five days of gains. U.S. West Texas Intermediate crude was down 41 cents, or 0.51%, at $80.01. Brent crude futures fell 53 cents, or 0.61%, to $85.65 a barrel. Prices declined as the U.S. dollar rose ahead