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Oil prices dip as Mideast tensions ease; market eyes trade deal

FILE PHOTO: The sun sets behind the chimneys of the Total Grandpuits oil refinery southeast of
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SINGAPORE (Reuters) - Oil prices edged lower on Tuesday as receding Middle East tensions took some heat out of the market, with both Tehran and Washington desisting from any further escalation after this month's clashes.However, the declines were limited by expectations of a drawdown in U.S. crude oil inventories and optimism about the signing of a preliminary trade deal between the U.S. and..
Date Published: Jan 14, 2020
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