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U.S. crude futures have hit the lowest level since June 22, 2017, as jitters have grown about the impact of the escalating U.S.-China trade dispute on global growth and crude demand. Brent crude is at its lowest level since Aug. 17, 2017.&nbsp;

Oil price plunges 6 percent as economic slowdown fears grip market

The U.S. military launched cruise missile strikes ordered by President Donald Trump against a Syrian air base controlled by President Bashar al-Assad`s forces in response to a deadly chemical attack in a rebel-held area, a U.S. official said.

Global stocks skid, safe-haven assets jump as U.S. strikes Syria

Japan`s Nikkei stock index&nbsp;was down 0.2%, while Australian shares&nbsp;firmed, helped by gains in oil prices. Strong energy shares had helped the U.S. S&amp;P 500 end higher overnight.

Asia shares creep up to near 2-year peak, dollar firms

"The Fed makes the world safe for risk until June," said CitiFX strategist Steven Englander. "Buy emerging market FX, equities, commodities."

Dollar crunched, bonds boosted as Fed goes gradual

"Oil prices are being supported by a raft of factors including underlying strength in the U.S. economy shown in better than expected factory and nonfarm payroll data and Chinese regulators` attempts to cut excess supply in steel and other industries," said Michael McCarthy, chief market strategist at Sydney`s CMC Markets.&nbsp;

Oil prices rise on U.S. crude stock decline, weaker dollar

Oil falls as non-OPEC yet to pledge concrete output steps

Asian shares firm in countdown to China data

Oil prices fall on higher OPEC output, U.S. crude stocks

Oil up as Venezuela sees output deal, Libya suffers clashes

Oil stable at nearly $50, but slow Asian demand hurts

us-crude-futures

U.S. crude futures have hit the lowest level since June 22, 2017, as jitters have grown about the impact of the escalating U.S.-China trade dispute on global growth and crude demand. Brent crude is at its lowest level since Aug. 17, 2017. 

The U.S. military launched cruise missile strikes ordered by President Donald Trump against a Syrian air base controlled by President Bashar al-Assad`s forces in response to a deadly chemical attack in a rebel-held area, a U.S. official said.

Japan`s Nikkei stock index was down 0.2%, while Australian shares firmed, helped by gains in oil prices. Strong energy shares had helped the U.S. S&amp;P 500 end higher overnight.

"The Fed makes the world safe for risk until June," said CitiFX strategist Steven Englander. "Buy emerging market FX, equities, commodities."

"Oil prices are being supported by a raft of factors including underlying strength in the U.S. economy shown in better than expected factory and nonfarm payroll data and Chinese regulators` attempts to cut excess supply in steel and other industries," said Michael McCarthy, chief market strategist at Sydney`s CMC Markets. 

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US Crude Futures

Oil price plunges 6 percent as economic slowdown fears grip market

Global stocks skid, safe-haven assets jump as U.S. strikes Syria

Asia shares creep up to near 2-year peak, dollar firms

Dollar crunched, bonds boosted as Fed goes gradual

Oil prices rise on U.S. crude stock decline, weaker dollar

Oil falls as non-OPEC yet to pledge concrete output steps

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