Reuters reported "Oil prices fall 1 percent; slow progress in trade talks counters..." on Monday
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There’s a lot of uncertainty about what’s going on with this trade war, whether they’re going to get anything done, said Phil Flynn, oil analyst at Price Futures Group in Chicago Still, oil prices have been buoyed this year by output curbs from the Organization of the Petroleum Exporting Countries and its allies, including Russia, a group known as OPEC+ Our Standards:The Thomson Reuters Trust Principles Oil prices fell about 1 percent on Monday as worries surrounding the resumption ...
Oil prices fall; slow progress in trade talks counters OPEC cuts Escalating U.S.-China trade tensions have cost both countries billions of dollars and disrupted global trade and business flows, roiling financial markets The deal, effective from January, aims to cut 1.2 million barrels per day until the end of June to forestall an supply overhang Our Standards:The Thomson Reuters Trust Principles
Oil prices slide, slow progress in trade talks counters OPEC cuts Trade talks between Washington and Beijing resume this week with a delegation of U.S. officials traveling to China for the next round of negotiations The United States has threatened to increase tariffs already imposed on goods from China on March 1 if the trade talks do not produce an agreement, a move which could help slow growth in fuel demand Our Standards:The Thomson Reuters Trust Principles
Oil prices slip, slow progress in trade talks counters OPEC cuts Trade talks between Washington and Beijing resume this week with a delegation of U.S. officials traveling to China for the next round of negotiations The United States has threatened to increase tariffs already imposed on goods from China on March 1 if the trade talks do not produce an agreement Our Standards:The Thomson Reuters Trust Principles
Oil prices steady, OPEC cuts countered by slow progress in trade talks WTI prices were also weighed down by the closure of a 120,000-barrels-per-day (bpd) crude distillation unit (CDU) at Phillips 66’s Wood River, Illinois, refinery following a fire on Sunday (GRAPHIC: U.S. oil production & drilling levels - tmsnrt.rs/2Tm4u4I) The Organization of the Petroleum Exporting Countries and its allies, including Russia, a group known as OPEC+, have reined in output to prevent a supply glut Our Standards:The Thomson Reuters Trust Principles
