Oil prices slip on concerns US-China trade deal may
not boost demand :=
Oil prices slipped on Wednesday on concerns that the pending Phase 1 trade deal between the United States and China, the world’s biggest crude users, may not lead to more fuel demand as the US intends to keep tariffs on Chinese goods in place.
Brent crude was down 21 cents, or 0.3 per cent, at $64.28 per barrel by 0206 GMT. US West Texas Intermediate crude futures were down 23 cents, or 0.4 per cent, at $58.00 a barrel.