International oil benchmarks diverged on Tuesday as U.S. prices caught up with the previous day’s drop in Brent crude when U.S. markets were shut for a holiday, but behind the split the market remained focused on a recurring theme, the Chinese slowdown. On Tuesday, worse than expected trade data out of China added to fears of the slowdown in the world’s No. 2 oil consumer. Oil prices dropped to more than six-year lows last month following a slew of weak economic readings, a slide in the Chinese stock market and continued concerns about oversupply . “We experience further sell-off in [U.S.] crude oil as bearish Chinese data verified our recent concerns about how weak the Chinese economy has become,” said Myrto Sokou, analyst at Sucden Financial Research. Meanwhile, robust German exports data provided some support for Brent, the global oil benchmark, Mrs. Sokou added. Exports from Europe’s biggest economy […]