Oil prices fell on Monday after data showing China’s overall exports of goods and services shrank for a fourth straight month, sending shivers through a market already concerned about damage being down to global demand by the Sino-U.S. trade war. Brent futures were down 33 cents, or 0.5%, at $64.06 per barrel by 0055 GMT, after gaining about 3% last week, boosted by news that OPEC and allies would deepen output cuts. West Texas Intermediate oil futures were down 37 cents, or 0.6% to $58.85 a barrel, having risen about 7% last week on prospects for …read more
Source:: Yahoo Finance
