Oil Prices Plunge on U.S.-China Trade War Tit-for-Tat

US airlines take off as oil prices sink amid trade tensions between the US and China

Crude oil contracts dropped on Tuesday, boosting major airline stocks....

Oil Prices Plunge on U.S.-China Trade War Tit-for-Tat

Oil prices dropped significantly due to escalating trade tensions between the United States and China, fueled by new sanctions and export controls, raising concerns about the global economy and oil demand.

Oil falls more than 1% on US-China trade tensions and IEA report

UBS analyst Giovanni Staunovo said a risk-off mood had taken hold as trade tensions weigh on sentiment and the IEA report was bearish.

WTI Oil Tumbles as US-China Trade Tensions Flare Up Again - Action Forex

A degrading sentiment took a pause yesterday as participants digested Trump’s remarks over a prolonged North American trading weekend , which initially signaled a possible de-escalation in trade tensions between the US and China. However, optimism looks short-lived. China reiterated its stance through multiple official channels — including its Commerce Ministry and state media — […] The post WTI Oil Tumbles as US-China Trade Tensions Flare Up Ag…

Oil prices fall on IEA supply surplus warning

Oil prices on world markets fell on Tuesday, reaching $62 per barrel, with investors particularly worried by the latest report from the International Energy Agency, known as the IEA, which predicts a supply surplus. In addition, additional pressure was created by new tensions in trade relations between the US and China. On the London market, a barrel was sold after noon for $1.30 cheaper than yesterday, at a price of $62.02. On the US market, a …