Oil falls on concerns over trade, high US crude supplies
Updated : May 07, 2019 11:24 PM IST
If the futures close at their current levels, it would be the lowest settle for Brent since April 4 and WTI since March 29.
US President Donald Trump on Sunday said he would raise tariffs on $200 billion worth of Chinese goods from 10-25 percent by Friday.
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morning
YOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more