- Oil prices edged lower on Tuesday due to a stronger US dollar and weak oil data from China.
- Prices declined as the US dollar rose ahead of Federal Reserve Chair Jeremy Powell's testimony to Congress.
- Further pressure came from a contraction in China's exports and imports in January and February, including crude oil imports.
Oil edges lower on stronger dollar and weak Chinese data
Oil prices edged lower on Tuesday as a stronger U.S. dollar and weak oil data from top crude importer China shifted momentum after five days of gains.
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