Oil Prices Fall Amid Fears That Trade War Will Hit Demand
Oil costs were down on Wednesday in Asia in the midst of fears that the progressing exchange war between the U.S. furthermore, China would influence interest for oil.U.S. Crude Oil WTI Futures were down 1.1% to $58.52 by 12:30 AM ET (04:30 GMT). Universal Brent Oil Futures declined 0.8% to $68.14.
In the midst of the absence of other directional drivers, brokers today are concentrating on the exchange strain between the U.S. what's more, China, the world's greatest oil shippers.
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