CRUDE OIL NEWS UPDATE BY FORTUNE

Crude oil prices eased in early Asian trading on Today on concerns that the United States is poised to impose additional tariffs on China, outweighing supply fears from upcoming sanctions on Iran,The market’s expectation of shortages has cooled after data from last week showed increases in supplies, while investors have lowered the outlook for oil demand,” said Wang Xiao, head of crude research with Guotai Junan Futures.

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