OIL PRICE: NOT ABOVE $62 AGAIN
REUTERS - Oil prices fell on Wednesday as prospects for a trade deal between the United States and China faded, weighing on the outlook for the global economy and energy demand.
U.S. President Donald Trump said on Tuesday that the two countries were close to finalizing a trade deal, but he fell short of providing a date or venue for the signing ceremony, disappointing investors.
Brent crude futures LCOc1 edged down 32 cents, or 0.5%, to $61.74 a barrel by 0758 GMT, while U.S. West Texas Intermediate crude CLc1 was at $56.54, down 26 cents or 0.5%.
Log in to read the publication.
An authorized user gets access to four FREE publications per month.
You can also buy a full access to all publications of the site since January 2014.