SINGAPORE - Crude oil prices slipped on Tuesday, but losses were limited as equity markets rallied and as traders hoped Sino-U.S. trade tensions would ease.
Brent crude LCOc1 had slipped 3 cents, or 0.05%, to $59.71 a barrel by 0147 GMT, after rising 1.88% on Monday. “The U.S.-China trade spat has been at the center of the oil market demise, which has sent the global economy to the brink of recession and negatively impacted oil demand forecasts,” he said.
Meanwhile, a Reuters poll of seven analysts showed that crude oil inventories in the United States fell by 1.9 million barrels in the week to Aug. 16.
Like immigration, Trump doesn’t want a trade deal or fix immigration because he wants to use these issues for his re-election. Duh...
Hope is not a strategy. wordstoliveby
Narrator: Trade tensions weren't going to ease.
What kinds of birds are those
That is an oil tanker
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Oil rises after Saudi oilfield attack, but recession worries cap gainsCrude oil prices rose on Monday following a weekend attack on a Saudi oil facili... You people are absolutely pathetic for trying to stoke fears of a recession. Why, toast it tank 20 dollars barrel . We can rebuild trumps shame.
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Iranian oil tanker at center of a standoff between the UK and Iran leaves GibraltarAn Iranian oil supertanker that was seized by the UK, a move that came amid escalating tension between Tehran and the West, was released Sunday and was moving away from Gibraltar Thank you POTUS. BarackObama would paid the 400 billion dollars cash of the hard working USA peoples money for their release. LMMFAO🤣😂🤣😂🤣!!!
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