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 LONDON (Reuters) - Global stocks slid on Monday and U.S. oil prices slumped after U.S. President Donald Trump announced tariffs on Chinese goods and Beijing responded with similar measures in an escalating trade dispute.
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 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.
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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 ...
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 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.
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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 ...
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 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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 Jun.18 -- Iran says Venezuela and Iraq will join it in blocking a proposal to increase oil production that's backed by Saudi Arabia and Russia when OPEC and its allies meet in Vienna this week. Bloomberg's Annemarie Hordern reports on "Bloomberg Daybreak: Europe."
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