Oil prices in balance between demand worries, U.S.-Iran tensions - Reuters

Oil prices in balance between demand worries, U.S.-Iran tensions - Reuters:

Oil prices hung in the balance on Tuesday as concerns over declining crude demand were offset by risks to supply linked to new U.S. sanctions on Iran.

Benchmark Brent crude futures were down 12 cents at $64.74 a barrel by 0832 GMT.

U.S. crude futures were up 3 cents at $57.93 a barrel.

Hopes for progress in the trade war between China and the United States during this week’s G20 meeting were dampened by a comment from a senior U.S. official saying U.S. President Donald Trump was “comfortable with any outcome” from the talks.