Tuesday, 18 September 2018

Oil prices fall as U.S.-China trade war clouds demand outlook | Reuters

Oil prices fall as U.S.-China trade war clouds demand outlook | Reuters:

Oil markets slipped on Tuesday as the latest escalation in the Sino-U.S. trade war clouded the outlook for crude demand from the two countries, the world’s top crude consumers. 

Brent crude LCOc1 futures had dropped 29 cents, or 0.37 percent, to $77.76 per barrel by 0632 GMT.

U.S. West Texas Intermediate (WTI) crude CLc1 was down 15 cents, or 0.22 percent, at $68.76 per barrel.

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