Oil Prices Extend Losses, Firmer Dollar and Supply Outlook Weigh

OIL PRICE - BEIJING. Oil prices extended losses into a second straight session on Tuesday on technical correction after last week's rally, while forecasts for ample supply and a firm dollar also weighed.

Brent futures fell 28 cents, or 0.37%, to $76.02 a barrel by 0148 GMT, while U.S. West Texas Intermediate (WTI) crude fell 33 cents, or 0.45%, to settle at $73.23.