EnergyWatch

Mixed geopolitical signals send oil prices slightly down

Concerns over the US and China's trade war continues to put downward pressure on oil prices, says Stephen Innes, head of trading APAC for OANDA Brokerage.

Photo: /ritzau/AP/LM Otero

Prices on both Brent and WTI oil are in decline due to various factors including trade war tensions between the US and China, while general uncertainty is keeping investors hesitant.

Trade war tension between the US and China is still a significant concern and despite what seems to be a slight diffusion of the trade dispute between the US and the EU.

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