Oil dips on easing U.S.-Iran tensions, eyes on China trade deal
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SEOUL (Reuters) - Oil prices edged down on Monday as fears of conflict between the United States and Iran eased, although the decline was checked by the planned signing of an initial U.S.-China trade deal this week, which could boost demand.Brent crude was down 13 cents, or 0.2%, at $64.85 per barrel at 0120 GMT. WTI was also down 9 cents, or 0.2%, at $58.95 a barrel. Oil prices had surged after the killing of an Iranian commander by a U.S. drone strike and the launch of Iranian missiles in..