London — Oil prices fell on Wednesday, dragged down by concerns about global economic growth as the US-China trade dispute rumbles on, but received some support from tightened supply. International Brent crude oil futures were at $67.34 a barrel at 10.40am GMT, down 27c, or 0.4%. US West Texas Intermediate (WTI) crude futures were at $58.51 a barrel, down 52c, or 0.88%. An eight-month trade war between China and the US has worried global markets already concerned by signs of a slowdown in economic growth this year. But there have been mixed signals that the stand-off between the world’s top two economies can soon be resolved. A Bloomberg report on Tuesday citing concern among US officials that China is pushing back on American demands briefly weakened oil prices before both benchmarks again approached four-month highs. However, Washington announced that US treasury secretary Steven Mnuchin plans to travel to China next week for another round of trade talks with senior Chinese offici...
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