Oil prices fell in early trade on Tuesday on concerns over increased drilling in the United States and as investors took profits after oil prices rose close to 1 percent in the previous session.

Markets will also be keeping a close eye on Chinese activity data due for release later in the day for clues on the demand strength for crude.

Brent crude futures were trading at $47.98 per barrel at 0109 GMT, down 34 cents, or 0.7 %, from their last settlement.

U.S. West Texas Intermediate futures were down 41 cents, or 0.9 %, at $45.88 a barrel.For more Information Visit Us:- ripplesadvisory.com/free-trial.php and miss call -9827808090.

Traders said the price falls on Tuesday were an indication that increasing oil drilling activity in the United States was still a concern even as crude prices closed higher on Monday because of a weaker dollar.Oil's 4 % price decline since Sept. 8 partly reverses a 10 percent rally early in the month, which was fuelled by speculation that oil exporters could cap production.