Oil prices drop on rising U.S. inventories and fears tariffs will dent Chinese demand

Oil prices drop on rising U.S. inventories and fears tariffs will dent Chinese demand




Oil futures fell Wednesday, poised to mark their lowest settlement of the year so far, after official U.S. data showed a weekly climb of nearly 9 million barrels in U.S. crude inventories and as investors feared that a U.S.-China trade battle could dent demand.



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