Monday 13 May 2019

Oil prices fall with Wall Street on trade war, give back early gains - Reuters

Oil prices fall with Wall Street on trade war, give back early gains - Reuters:

Oil futures fell on Monday with Wall Street, as the negative turn in the U.S.-Chinese trade talks spooked investors, who had sent oil higher in early trade on concerns about reports of sabotage attacks on tankers in the Middle East that could disrupt supplies. 

Brent crude futures for July delivery fell 39 cents to settle at $70.23 a barrel. The global benchmark earlier hit a session high of $72.58 a barrel. 


U.S. West Texas Intermediate (WTI) crude futures fell 62 cents to settle at $61.04 a barrel, after previously hitting $63.33 a barrel.

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