Oil slides as U.S., China add more tariffs in trade war - Reuters:
Oil prices weakened on Monday after new import tariffs imposed by the United States and China came into force, raising concerns about a further hit to global economic growth and demand for crude.
International Brent crude futures settled down 59 cents to $58.66 a barrel, after trading as low as $58.10 during the day. U.S. benchmark WTI crude was down 33 cents at $54.77 a barrel. Activity was thin because of the U.S. Labor Day public holiday.
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