CRUDE OIL NEWS UPDATE BY TRADELINE COMMODITY

Oil costs slip for second day on worldwide development stresses

Oil costs fell for a moment day on Tuesday on signs that worldwide financial development is being hit by the U.S.- China exchange war, in spite of the fact that misfortunes were constrained by pressures in the Middle East after a week ago’s tanker assaults.

Brent unrefined fates were exchanging down 40 pennies, or 0.7%, at $60.54 a barrel by 0701 GMT. They fell 1.7% in the past session on worries about moderating worldwide development.

U.S. West Texas Intermediate (WTI) unrefined fates were down 28 pennies, or 0.5%, at $51.65. They dropped 1.1% on Monday.

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