Oil prices fall again as Trump’s tariff threats hurt demand outlook
The scene is set for a ramped up trade war, say analysts, which will have a serious impact on the demand for fuel
05 August 2019 - 11:50
London — Oil prices fell on Monday on renewed global economic growth concerns after US President Donald Trump threatened to escalate a trade war with China with more tariffs, which could limit fuel demand in the world’s two biggest crude consumers.
Brent crude futures were down 71c, or 1.15%, to $61.18 a barrel by 8.40am GMT...
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