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Oil prices fall as trade tensions hit demand outlook
Published on August 5, 2019
Oil prices today fell on global growth concerns after U.S. President Donald Trump threatened China with more tariffs, which could limit crude demand from the world’s two biggest buyers.
Brent crude prices, in intraday trade, were trading around 61 dollars and 10 cents per barrel. WTI prices were at around 55 dollars per barrel when reports last came in.
