Oil slips but holds near 2-month high (marketwatch.com)

Oil prices slipped Monday, but held near two-month highs, as U.S.-China trade uncertainty continued to keep a lid on a generally bullish market.

Oil prices have climbed of late as global supplies have fallen so far this year thanks to efforts by the Organization of the Petroleum Exporting Countries and its allies, but growth in U.S. shale output and a slowdown in crude demand threaten to ruin that progress.

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