CRUDE OIL NEWS UPDATE’S…..$$$$
Oil prices edged up on Tuesday, but remained under pressure as the escalating U.S.-China trade war stoked concerns over global economic growth and future demand for crude.
Brent crude futures (LCOc1) had risen 10 cents, or 0.17%, to $59.91 a barrel by 0149 GMT after earlier dipping to their lowest since mid-January at $59.07.
The international benchmark fell more than 3% on Monday as traders worried the ongoing trade tensions between the world’s two biggest oil buyers would dent appetite for fuel.
West Texas Intermediate (WTI) crude (CLc1) futures rose 7 cents, or 0.13%, to $54.76 per barrel.
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