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New York (ANTARA News / AFP) - World oil prices fell sharply for the third consecutive day on Thursday, amid fears that demand will shrink to the background of the possibility of a global economic slowdown.

New York's main contract, light sweet crude for September delivery, fell 2.28 dollars to 75.74 dollars per barrel.

Brent North Sea crude oil, London, for September delivery fell 2.12 dollars to 75.52 dollars.

"The ghosts of the global economic slowdown again and again to haunt the oil market," said Barclays Capital analyst Mon Amrita on his record.

Although there is a higher revision in estimates of world oil demand, fears of slowdown in China and the United States "bring back the remains of the past," he said, referring to the financial crisis which reached its peak in 2008 and plunged the world into recession.

"Although the external circumstances significantly different from 2008, concerns a slowing global economy along with the sustainability of the stimulus package means that the battle between macro-economic pessimism and data on oil demand is now once again tilted in support of the former, with a fundamental victory for sentiment proved short-lived," said Mon .

Battered global markets this week, triggered by a warning Tuesday by the U.S. Federal Reserve that the U.S. recovery will be weaker than anticipated, forcing the defensive investor.

Slowing growth in China, central Asia, which maintain the strength of the global economy on the water in the last 18 months, adding to the damage.

United States and China is the leading energy consumer.

On Thursday, a surprise increase in U.S. weekly jobless claims add new shadows on the prospects of improving the economy, with investors looking for safety because the risk to grow rising.

Dealers said the news that unemployment claims rose slightly, rather than fell as expected, more than a series of gloomy data that has sparked fears that the economic recovery in serious trouble.

"Energy Market back to the previous trading range of 70-80 dollars per barrel, global uncertainty and a fairly disappointing economic data from the United States, eurozone and China hit the market hard," said Myrto Sokou Sucden analysts. (A026/K004)