Oil Prices Drop as U.S.-China Tensions Flare

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Oil prices fell Monday after tensions flared between the U.S. and , and a Hong Kong fund designed to track the market said chaotic trading conditions had forced it to revamp its holdings.

that are due to deliver U.S. crude oil in June dropped 5.3% to $18.74 a barrel, falling alongside after the administration stepped up assertions that the coronavirus originated at a laboratory in Wuhan. for settlement in July, the benchmark in international oil markets, fell 2.4% to $25.81…

Source: Investing.com

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