Oil falls as US adds new rigs, China weakness rattles market
Updated : January 29, 2019 06:27 AM IST
Further weighing on oil markets, the trade dispute between the United States and China looks unlikely to end anytime soon and its impact on the Chinese economy is increasing.
Brent crude oil futures were down $1.05 at $60.59 a barrel by 1300 GMT, while US futures were down $1.02 at $52.67 a barrel.
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