Brent crude futures fell below $110 on Tuesday, after China’s economy grew a shade below expectations in the third quarter, failing to dispel fears of slowing growth in the world’s second largest oil consumer.

China’s annual economic growth eased to 9.1 percent in the third quarter from 9.5 percent in the previous quarter, the National Bureau of Statistics said on Tuesday, as tight domestic monetary policy and easing foreign demand crimped activity.

The rate was slightly below market forecasts for growth of 9.2 percent.

"I wouldn’t call it a downside surprise, the numbers still indicate a soft landing, but not enough to lift commodity prices in the current environment," said Ric Spooner, chief market analyst with CMC Markets in Sydney.

Reuters