WTI crude oil prices settled marginally lower Thursday as traders weighed falling U.S. crude supplies against an escalating U.S.-China trade war that some fear could stifle global growth and reduce oil demand. The United States imposed 25% tariffs on an additional $16 billion of Chinese goods just after midnight ET Thursday, prompting China to respond with in-kind measures against U.S. goods. That renewed fears of a full-blown U.S. and China trade war, which could not only dent global growth but likely lead to a slowdown in oil demand. Click Read More below for additional information.
American Dollar to Canadian Dollar = 0.759833;
American Dollar to Chinese Yuan = 0.150370;
American Dollar to Euro = 1.111221;
American Dollar to Japanese Yen = 0.009678;
American Dollar to Mexican Peso = 0.052804