Oil down for a second day as U.S. Gulf of Mexico output returns

Oil prices fell for a second day on Tuesday as more production facilities return...

TOKYO - Oil prices fell for a second day on Tuesday as more production facilities returned to operation in the U.S. Gulf after Hurricane Barry swept through over the weekend, while Chinese economic data dimmed the outlook for crude demand.

U.S. crude CLc1 fell by 10 cents, or 0.2% to $59.48 a barrel. The U.S. benchmark fell about 1% in the previous session. And while Chinese data on Monday showed industrial output and retail data beat expectations, overall figures showed the country’s slowest quarterly economic growth in decades.

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