http://WWW.POWERCOMMODITY.COM
(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.
Comments