Oil slips as new round of US-China trade tariffs kick in
Beijing’s levy of 5% on US crude is the first time the fuel has been targeted in the trade war
02 September 2019 - 14:41
London — Oil prices weakened on Monday after new tariffs imposed by the US and China came into force, raising concerns about a further hit to global growth and demand for crude.
Brent crude slipped 16c to $59.09 a barrel by 10.20am GMT, while US benchmark WTI crude was down 7c at $55.03 a barrel...
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