Tuesday 10 September 2019

Oil prices fall after Trump fires national security adviser Bolton | Financial Times

Oil prices fall after Trump fires national security adviser Bolton | Financial Times:

Oil took a more than 2 per cent round-trip on Tuesday, tumbling after President Donald Trump fired national security adviser John Bolton.

Brent crude, the global benchmark, erased a 1.9 per cent gain to trade as much as 0.4 per cent lower, before bouncing back to be up 0.5 per cent at $62.90 a barrel. 


That has kept oil hovering at its highest level in a month, as renewed hopes of a speedy resolution to the US-China trade war and receding concerns about a recession have tempted investors back to riskier and growth-sensitive assets.

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