Crude oil: Brent crude down 48 cents

Oil prices rallied on a downward trend on Tuesday with signs on an economic slowdown in China following the US-China trade war.

The gloomy economic news has pulled down financial markets across Asia, including crude oil futures.

International Brent oil futures were at $62.26 per barrel, down 48 cents, from their previous close.

U.S. West Texas Intermediate crude futures were at $53.43 per barrel, down 37 cents.