Oil prices fell more than 1 percent on Tuesday on signs that an economic slowdown in China was spreading, stoking concerns about global growth and fuel demand. The gloomy news from the world’s second-largest economy and top importer of oil pulled down financial markets across Asia. International Brent oil futures were at $61.94 per barrel at 0950 GMT, down 80 cents or 1.28 percent. U.S. West Texas Intermediate (WTI) crude futures were at $53.16 per barrel, down 1.19 percent or 64 cents. China reported the lowest annual economic growth in nearly 30 years on Monday. Its state planner warned on Tuesday that falling factory orders pointed to a further drop in activity in coming months and more job losses. While China’s oil imports […]