Oil prices fell Monday after tensions flared between the U.S. and China, and a Hong Kong fund designed to track the crude market said chaotic trading conditions had forced it to revamp its holdings.
Futures that are due to deliver U.S. crude oil in June dropped 5.3% to $18.74 a barrel, falling alongside stocks after the Trump administration stepped up assertions that the coronavirus originated at a laboratory in Wuhan. Brent crude futures for settlement in July, the benchmark in international oil markets, fell 2.4% to $25.81…
Source: Investing.com
