• WTI attracts some sellers near $73.30 in Tuesday’s early Asian session. 
• China's manufacturing activity slowed in August, weighing on the WTI price. 
• Halted Libyan exports and higher Fed rate cut expectations might cap the WTI’s downside. 

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $73.30 on Tuesday. Slowing manufacturing activity in China in August exerts some selling pressure on the WTI price. However, supply concerns surrounding Libya's oil output might cap its downside. 

The sluggish economy and slowing oil demand in China raise the fear of the economic health of the world’s largest importer of oil, which weighs on the WTI price. Data released by the National Bureau of Statistics showed that China’s manufacturing sector experienced a downturn in August, marking its six-month low. China’s official Manufacturing Purchasing Managers' Index (PMI) dropped to 49.1 in August, compared to 49.54 in the previous reading. The reading missed the market consensus of 49.5 in the reported month.  

Libya's oil production was halted on Monday across the country amid the ongoing conflicts between various factions since the removal of Muammar Gaddafi in 2011. The fear of oil supply disruption might provide some support for WTI prices.