Oil falls but losses capped by hopes of easing trade tensions
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LONDON (Reuters) - Oil prices fell on Tuesday on persistent concerns over future demand, but losses were capped by optimism U.S.-China trade tensions will ease and hopes major economies will take stimulus measures to ward off a possible economic slowdown.Brent crude was down 51 cents at $59.23 a barrel by 1339 GMT, while U.S. crude was down 73 cents at $55.48 a barrel. Both contracts had traded in positive territory earlier in the session. The United States said it would extend a reprieve that..