Oil slips as U.S.- China exchange pressures fuel request concerns:
Oil costs plunged on Wednesday as potential harm to the worldwide economy and fuel request from the increasing Sino-U.S. exchange question kept on throwing a shadow over the market.
Worldwide benchmark Brent unrefined fates LCOc1 were at $58.75 a barrel by 0642 GMT, down 19 pennies, or 0.32%, from their past settlement and exchanging close to seven-month lows.
U.S. West Texas Intermediate (WTI) unrefined fates CLc1 were down 12 pennies, or 0.22%, from their last close at $53.51 per barrel.
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