Oil falls as trade war fuels worry about growth
Asian equity markets drop to a six-month low while gold climbs as investors seek safe-haven assets due to the ratcheting up of dispute between China and the US
05 August 2019 - 08:02
Singapore/Tokyo — Oil prices fell on Monday amid renewed global economic growth concerns after US President Donald Trump vowed to escalate the trade war with China with more tariffs, which would likely limit fuel demand in the world’s two biggest crude consumers.
Brent crude futures fell 73 cents, or 1.2%, to $61.16 a barrel by early-morning...
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