Oil falls after Trump warns of China trade deal delay
Share:
LONDON (Reuters) - Oil prices slipped on Tuesday after U.S. President Donald Trump said a trade deal with China could be delayed until after the next U.S. presidential election, though losses were capped by an expected deepening of output cuts by OPEC and its allies.Brent futures fell 42 cents to $60.50 a barrel by 1448 GMT. U.S. West Texas Intermediate (WTI) crude was down 25 cents at $55.71. Trump said that a trade agreement with China might have to wait until after next November's..