Oil prices extended losses on Tuesday, with investors expecting lingering U.S. inflation to keep interest rates higher for longer, depressing consumer and industrial demand.Brent crude futures fell 64 cents, or 0.7 per cent, to $83.07 a barrel by 0845 GMT. U.S. West Texas Intermediate crude (WTI) slipped
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Brent crude futures fell 44 cents, or 0.53%, to $83.27 a barrel by 0313 GMT. U.S. West Texas Intermediate crude (WTI) slipped 51 cents, or 0.64%, to $79.29 a barrel