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Oil prices fall by more than 5% due to trade tensions between Washington and Beijing
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Oil prices fell more than 5 percent as [url=https://www.thebaghdadpost.com/ar/Story/t/113198/%D8%A7%D9%84%D8%AA%D9%88%D8%AA%D8%B1%D8%A7%D8%AA %D8%A7%D9%84%D8%AA%D8%AC%D8%A7%D8%B1%D9%8A%D8%A9][size=13]trade tensions[/url] between [You must be registered and logged in to see this link.] Beijing weighed on demand, with the benchmark crude hitting the biggest one-day loss in six months.
Global equity markets have tumbled as concerns over the US-China trade dispute turn into a cold war in technology between the world's two largest economies.
Global Brent crude <LCOc1> fell 5.3 percent to $ 67.21 a barrel by 17:25 GMT, while US benchmark West Texas Intermediate crude fell 6.40 percent to $ 57.50 a barrel, its lowest level since March 15.
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Oil prices fell more than 5 percent as [url=https://www.thebaghdadpost.com/ar/Story/t/113198/%D8%A7%D9%84%D8%AA%D9%88%D8%AA%D8%B1%D8%A7%D8%AA %D8%A7%D9%84%D8%AA%D8%AC%D8%A7%D8%B1%D9%8A%D8%A9][size=13]trade tensions[/url] between [You must be registered and logged in to see this link.] Beijing weighed on demand, with the benchmark crude hitting the biggest one-day loss in six months.
Global equity markets have tumbled as concerns over the US-China trade dispute turn into a cold war in technology between the world's two largest economies.
Global Brent crude <LCOc1> fell 5.3 percent to $ 67.21 a barrel by 17:25 GMT, while US benchmark West Texas Intermediate crude fell 6.40 percent to $ 57.50 a barrel, its lowest level since March 15.
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