Oil prices were on track Tuesday to settle at their lowest since early 2021 as weak economic data from the U.S. and China dulled the outlook for energy demand. China's factory output growth slowed to a 15-month low in November,

By Robert Harvey and Liz Hampton DENVER, Dec 15 (Reuters) - Oil prices fell on Monday as investors balanced supply disruptions linked to escalating U.S.-Venezuelan tensions with oversupply concerns and the impact of a potential Russia-Ukraine peace deal.

Oil prices fell sharply as optimism increased for a Russia-Ukraine peace deal, sending Brent crude below $60 a barrel to its lowest level since May.

Stocks and oil prices are telling very different stories about the U.S. economy — but history suggests that equities tend to see better-than-average returns in the periods that follow such divergence.

March NY world sugar #11 (SBH26 ) on Tuesday closed down -0.13 (-0.87%), and March London ICE white sugar #5 (SWH26 ) closed down -3.40 (-0.80%). Sugar prices retreated on Tuesday due to a slump in crude oil prices.

Oil prices fall in early trading, extending the previous session’s losses as negotiations to end the war in Ukraine progress. Brent crude is down 1% to $59.94 a barrel, while WTI declines 1.1% to $56.