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CRUDE OIL LIVE UPDATE BY POWERCOMMODITY.COM

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(International oil prices slip as trade spat escalates; U.S. crude stock drop supports)

International oil prices slipped on Thursday, weighed down by the escalating trade dispute between the United States and China, although a decline in U.S. commercial crude inventories offered some support.
The United States and China escalated their acrimonious trade war on Thursday, implementing punitive 25 percent tariffs on $16 billion worth of the other's goods. Washington is holding hearings this week on a proposed list of an additional $200 billion worth of Chinese imports to face duties.

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