Singapore: Tuesday's oil prices dropped below, as weak worldwide information raised worries about future commodity demand despite a favorable boost from OPEC's decision to extend supply cuts by next March.

Brent crude futures for September shipment traded down 15 cents, or 0.2 percent, after dipping to $64.66 previously, at $64.91 a barrel by 0311 GMT. On Monday, Brent rose over $2 a barrel before paring earns later in the day.

US crude futures for August fell by 25 cents, or 0.4 percent, to $58.84 a barrel, after reaching their highest on Monday in more than five weeks.

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