Oil prices slip on concerns over US-China trade tensions
Crude oil prices fell around 0.4% on Monday amid renewed worries over U.S.–China trade friction and an anticipated global supply glut in 2026, according to the International Energy Agency. Brent futures dropped to about US$61.05 a barrel and U.S. West Texas Intermediate futures to roughly US$57.33. The decline reverses recent gains and reflects investor concern about global growth and energy demand.
negative
18h ago
Oil prices slip on concerns over US-China trade tensions
Crude oil prices fell around 0.4% on Monday amid renewed worries over U.S.–China trade friction and an anticipated global supply glut in 2026, according to the International Energy Agency. Brent futures dropped to about US$61.05 a barrel and U.S. West Texas Intermediate futures to roughly US$57.33. The decline reverses recent gains and reflects investor concern about global growth and energy demand.
negative
Oil prices slip on concerns over US-China trade tensions
about 19 hours ago
1 min read
61 words
Oil prices declined as trade tensions and supply-glut worries dampen demand outlook.
Crude oil prices fell around 0.4% on Monday amid renewed worries over U.S.–China trade friction and an anticipated global supply glut in 2026, according to the International Energy Agency. Brent futures dropped to about US$61.05 a barrel and U.S. West Texas Intermediate futures to roughly US$57.33. The decline reverses recent gains and reflects investor concern about global growth and energy demand.
Crude oil prices fell around 0.4% on Monday amid renewed worries over U.S.–China trade friction and an anticipated global supply glut in 2026, according to the International Energy Agency. Brent futures dropped to about US$61.05 a barrel and U.S. West Texas Intermediate futures to roughly US$57.33. The decline reverses recent gains and reflects investor concern about global growth and energy demand.