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Oil prices are falling as fears about the war of trade are back
Follow - up / .... opened oil prices at the beginning of the week, on Monday, on the decline, due to fears of escalating trade war between the United States and China.
US President Donald Trump, who levied a 25 percent charge on Chinese goods worth $ 50 billion, said last week he would add $ 200 billion to other Chinese goods.
By 0550 GMT, the benchmark Brent crude for November delivery fell 0.14 percent, or 12 cents, to $ 77.97 a barrel.
US crude for October delivery fell 0.12 percent, or 8 cents, to $ 68.69 a barrel.
Oil prices are affected by a drop in trade tensions between the United States and China, as it will reduce demand for crude, which is the main manufacturing fuel.
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