Markets, Oil Losing Again After Tariff Postponement ‘Fake News’ ...Middle East

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Markets, Oil Losing Again After Tariff Postponement ‘Fake News’
source : OILPRICE ( Middle East ) () 54
Oil continued its downward trajectory on Monday afternoon, with the stock market briefly reversing losses after CNBC reported the White House was considering a 90-day pause in tariffs for everyone except China. Oil prices barely got to respond before the White House walked the report back as “fake news”. On Monday at 11:12 a.m. ET, Brent crude was trading down another 1.17%, sitting at $64.81, while the U.S. crude benchmark West Texas Intermediate (WTI) was trading down 1.18% at $61.26.  ??U.S. stock markets opened sharply lower…

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