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Yahoo BusinessJun 18, 2018
Oil down on China tariffs, expected OPEC supply rise
Oil prices fell on Monday after China threatened duties on American crude imports in a trade dispute with Washington, while supply from OPEC and Russia was also expected to rise. North Sea Brent (LCOc1) was down 36 cents at $73.08 a barrel. In an escalating trade war with many of its major partners, including China, U.S. President Donald Trump last week pushed ahead with tariffs on $50 billion of Chinese imports, starting on July 6.

Google Business NewsJun 18, 2018
Oil falls on threat of China crude tariffs, expected OPEC supply rise - Reuters


SINGAPORE (Reuters) - Oil prices on Monday extended falls from late last week after China threatened duties on American crude imports in an escalating trade dispute with Washington, while supply from OPEC and Russia is also expected to rise. Oil pumps ...

Reuters Company NewsJun 18, 2018
REFILE-GRAPHIC-China's tariffs on U.S. oil would disrupt $1 billion monthly business
SINGAPORE, June 18 (Reuters) - China's threat to impose duties on U.S. oil imports will hit a business that has soared in the last two years, and which is now worth almost $1 billion per month.

China's tariffs on US oil would disrupt $1 billion monthly business - Reuters (Google Business News)

Google Business NewsJun 18, 2018
OPEC Discusses Output Hike of Up to 600000 Barrels a Day - Bloomberg


OPEC members are discussing a compromise agreement that would see an oil production increase of between 300,000 and 600,000 barrels a day over the next few months, according to people briefed on the talks. While Iran said on Sunday it's opposed to ...

Yahoo BusinessJun 18, 2018
Asian shares, oil fall as U.S.-China trade spat escalates
TOKYO/SYDNEY (Reuters) - Asian shares fell to a 2-1/2 week low on Monday after U.S. President Donald Trump cranked up trade tensions by going ahead with tariffs on Chinese imports, prompting Beijing to immediately respond in kind. Fears of a global trade war added to pressure on oil prices, which extended Friday's big fall, while the dollar retreated from near 3-week highs against the safe haven yen . Spreadbetters suggested a subdued start for European shares, with FTSE futures off about 0.1 percent.

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