On the New York Mercantile Exchange, light, sweet crude futures for delivery in April traded at $99.41 a barrel at 0455 GMT, down $0.62 in the Globex electronic session. April Brent crude on London’s ICE Futures exchange fell $0.31 to $108.24 a barrel. Nymex WTI crude extended losses and traded below $100 a barrel while Brent crude gave up overnight gains and moved into negative territory as concerns over a slowdown in China dominated market sentiment. “Global risk sentiment remained somewhat fragile on the back of lingering concerns over Chinese GDP growth,” Singapore-based OCBC Bank said in a report. The slide in oil prices wasn’t as pronounced as prices of industrial metals like copper. Markets expect China’s industrial production data due on Thursday to provide more cues. China’s fuel consumption has been increasingly driven by the transport sector and industrial fuels like diesel has seen limited growth with oil […]