Oil Prices Down As Trade Tension Continues – 4 April, 2018
As U.S. and China trade tension continues, U.S. crude and Brent prices dropped to a two week low when China fired back at the Trump administrations plans to levy tariffs on $50 billion of its goods. U.S. crude dipped to $66.69, and Brent crude slumped to $62.06. West Texas Intermediate fell 14 cents and down 0.22 percent to $63.37.