Oil slumps 3 percent on OPEC supply, China’s tariffs

Oil slumps 3 percent on OPEC supply, China’s tariffs

17 June 2018, New York — Oil prices fell more than $2 a barrel Friday after two of the world’s biggest producers indicated they might increase output at next week’s OPEC meeting, while U.S. exports were threatened by potential Chinese tariffs on crude oil and refined products. Oil investors have been nervous ahead of the …

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Oil slumps 3 percent on OPEC supply, China’s tariffs Oil slumps 3 percent on OPEC supply, China’s tariffs Reviewed by Crude Oil Facilitators on 19:05 Rating: 5

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