Good news! Global oil prices ease as trade row clouds demand outlook
"The market`s expectation of shortages has cooled after data from last week showed increases in supplies, while investors have lowered the outlook for oil demand," said Wang Xiao, head of crude research with Guotai Junan Futures.
Brent crude oil futures dipped 16 cents, or 0.2 percent to $77.93 a barrel by 0035 GMT, Image source:Reuters