Crude-oil prices finished with a loss of more than 3% on Tuesday. Weaker-than-expected Chinese import data fueled uncertainty over energy demand, as Federal Reserve Chairman Jerome Powell’s testimony to the Senate Banking Committee left the door open for more aggressive interest-rate hikes. April West Texas Intermediate crude CLJ23 fell $2.88, or 3.6%, to settle at $77.58 a barrel on the New York Mercantile Exchange.
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