Oil prices dive on renewed concern over demand
NEW YORK, April 25 (Xinhua) -- Crude oil futures prices dropped over 2 percent on Tuesday as concern over recession and demand returned to the market.
The West Texas Intermediate (WTI) for June delivery fell 1.69 U.S. dollars, or 2.15 percent, to settle at 77.07 dollars a barrel on the New York Mercantile Exchange. Brent crude for June delivery sank 1.96 dollars, or 2.37 percent, to settle at 80.77 dollars a bar