Brent eases as trade talks drag, China's economy shows weakness | Reuters

Brent eases as trade talks drag, China's economy shows weakness | Reuters:

Brent oil fell while U.S. crude futures steadied on Thursday as U.S.-China trade tensions persisted, both Chinese and Indian economies showed signs of slowing and news of surging U.S. production undermined OPEC-led output curbs.

Global benchmark Brent crude futures for April ended the session down 36 cents, or 0.5 percent, at $66.03 a barrel. The more active May Brent contract fell 27 cents, or 0.4 percent, to settled at $66.31.

U.S. West Texas Intermediate (WTI) crude for April delivery rose 28 cents, or 0.5 percent, to settle at $57.22.