Oil prices dip on economic worries despite tight supply

Oil prices fell on Wednesday, dragged down by concerns about global economic growthas the U.S.-China trade dispute rumbled on, but receiving some support from tightened supply.

An eight-month trade war between China and the United States has worried global markets already concerned by signs of a slowdown in economic growth this year.

U.S.-China trade talks continue to present a binary risk for the oil market and other risky assets,” BNP Paribas strategist Harry Tchilinguirian told the Reuters Global Oil Forum.
more detail at source: https://www.nasdaq.com/article/oil-prices-dip-on-economic-worries-despite-tight-supply-20190320-00211

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