Oil falls as flaring US-China trade dispute blunts risk appetite
The United States and China are threatening punitive tariffs on each other`s exports, which could include oil supplies, which sent Chinese stocks to their lowest in almost a year and kept European indices and other industrial commodities such as copper and nickel under pressure.
Brent crude futures fell 20 cents to $75.14 a barrel by 0903 GMT, while US crude futures lost 72 cents on the day to trade at $65.13 a barrel. Image source: Reuters