Oil prices fell on Tuesday, with both contracts heading for a fourth straight session of losses, weighed down by a weak demand picture in Asia and OPEC and its allies saying the market does not need more crude. Brent crude was down 26 cents, or 0.3%, at $69.25 per barrel as of 0918 GMT, after rising as high as $69.77 earlier in the session. U.S. West Intermediate crude (WTI) slid 31 cents, or 0.4%, to $66.98 a barrel, after reaching $67.66 earlier. On the demand side, daily crude processing in China, the world’s biggest oil importer, fell to its lowest in July since May 2020 as independent plants slashed production amid […]