Oil Prices Under Pressure as Supply Disruptions Fail to Materialize

Oil prices tumbled early on Tuesday morning, with traders refocusing on fundamentals despite the continued geopolitical risk and threats of a full-blown war in the Middle East.- China’s announcement of more economic stimulus to the country’s ailing real estate sector was well-timed, ahead of a week-long public holiday, however as normal business activity recovers in the country, the market faces further disappointment.- Following the Tuesday briefing held by China’s National Development and Reform Commission, the country’s…