Mubasher: Oil went down at Tuesday’s settlement, as US-China trade spat gave rise to worries over energy demand.
June Nymex WTI lost $0.85, or 1.4%, to close at $61.4 per barrel.
Talks between China and the US reached a stalemate in the weekend after US President Donald Trump threatened to raise tariffs on Chinese goods by more than double.
Source:
Mubasher
