Oil prices dived today to the lowest price since July as demand worries took center stage. Mixed Chinese economic data and rising OPEC esports helped ease fears about tight markets. “Traders will remain on high alert for signs of a wider conflict emerging in the region that could disrupt supplies, but it seems those fears are subsiding,” OANDA analyst Craig Erlam said. The premium on front-month loading Brent contracts over ones loading in six months was at a 2-1/2-month low, indicating less concern about supply deficits. On the demand side, China’s crude oil imports in October showed robust growth but its total exports of goods and services contracted at a quicker pace than expected. WTI traded down $3.45 or -4.3% to close at $77.37. Brent traded down $3.57 or -4.2% to settle at $81.61.