Oil prices fall but hold near three-month high on trade deal agreement

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Oil prices fall as investors seek clarity on U.S.-China trade deal

FILE PHOTO: An oil pump is seen just after sunset outside Saint-Fiacre, near Paris, France September 17, 2019. REUTERS/Christian Hartmann/File Photo

The United States and China cooled their trade war on Friday, announcing a “phase one” agreement that reduces some U.S. tariffs in exchange for what U.S. officials said would be a big jump in Chinese purchases of American farm products and other goods. The last-minute agreement that averted additional tariffs on Chinese goods totaling $160 billion lifted oil prices on Friday but investors remained cautious on Monday as they awaited details of the trade deal that is yet to be officially signed.

 

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Trump might say actually, ' I didn't say that..'

Faith falls as we seek greed.

Yuan-oil gold currency manipulation shift from Petrodollar to Yuan & ruples. If those who are trying to screw the USA knew of Xi’s plan to screw the alliance with loopholes of his Foreign Investment Law’s nation forbidden list & his moral financial cyber law system they’d stop.

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