Trump’s Latest Trade War Comment Puts Oil Prices Under Pressure
Monday, 11 November 2019 Oil prices were down early on Monday, as global markets brace for protracted talks in the U.S.-China trade war after optimism about an imminent rollback of tariffs faded. At 11:14 a.m. EDT on Monday, WTI Crude was down 0.49 percent at US$56.96, and Brent Crude was down 0.18 percent at US$62.40. Over the weekend, U.S. President Donald Trump appeared to dismiss reports of the imminent lifting of tariffs and breakthrough in talks. This sent the oil market down on Monday, as participants fret about the implications for global trade, economic growth,…
State-owned oil giant Saudi Aramco's IPO will be the biggest in history but concerns about corporate governance and nation's role in Middle East politics may have limited..
Oil prices slipped on Tuesday after U.S. President Donald Trump said a trade deal with China could be delayed until after the next U.S. presidential election,... Reuters Also reported by •Reuters India
A comment by President Donald Trump that a deal to end the U.S.-China trade war might not come until after the November 2020 election weighed on global stock... Reuters
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