(RTTNews) - Crude oil futures settled barely decrease on Tuesday, as worries in regards to the outl
(RTTNews) – Crude oil futures settled barely decrease on Tuesday, as worries in regards to the outlook for vitality demand and rising crude stock ranges within the U.S. continued to weigh on the commodity.
West Texas Intermediate crude oil futures for December ended down $0.06 at $56.80 a barrel.
Brent crude futures ended down $0.08 at $62.10 a barrel.
On Monday, WTI crude oil futures for December ended down $0.38, or 0.7%, at $56.86 a barrel.
Oil’s decline was as a result of uncertainty about U.S.-China commerce negotiations.
Talking on the Financial Membership of New York immediately, U.S. President Donald Trump mentioned a commerce take care of China “may occur quickly,” though he didn’t present particulars on the state of commerce talks between the 2 nations.
Trump mentioned that he would solely settle for an settlement that’s good for U.S. firms and staff and added that he’ll “considerably” increase tariffs on…