Oil slides as uncertainty returns about U.S.-China trade deal (reuters.com)

Oil prices fell on Friday, weighed down by lingering uncertainty about how close the United States and China were to a trade deal and on rising U.S. crude inventories.

China’s commerce ministry said on Thursday that two countries had agreed in the past two weeks to cancel trade tariffs in different phases, without giving a timeline.

But the comment was soon shrouded in doubt after Reuters reported the plan faced stiff internal opposition in the U.S. administration.
more at source: https://www.reuters.com/article/us-global-oil/oil-slides-as-uncertainty-returns-about-u-s-china-trade-deal-idUSKBN1XI03I

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