Oil is down 2% due to fears of the impact of slowing economic growth in America

Oil prices fell by 2% at the settlement on Tuesday due to fears of the impact of slowing economic growth in the United States and China on energy demand, especially after prices rose by more than 7% in the previous three days. Brent crude futures fell 1.88 dollars by 2.3% to 79.55 dollars a barrel. US West Texas Intermediate crude fell 1.89 dollars, equivalent to 2.4%, to 75.53 dollars. Consumer confidence in the United States rose to its hi…