$XOM $MRO $EOG $PE: Oil Prices Tank As Trump Trade War Trumps Massive Supply Drop

Date: Wednesday, July 11th, 2018

Stock(s) mentioned: , , ,

Source: Investor’s Business Daily (http://www.investors.com)

Summary:

Oil prices plunged Wednesday, despite a shocking drop in domestic crude stockpiles, as President Trump’s escalating China trade war and Libya’s resumption of exports hammered oil markets.

The post Oil Prices Tank As Trump Trade War Trumps Massive Supply Drop appeared first on Investor’s Business Daily.

Full article address: https://www.investors.com/news/opec-sees-oil-demand-surpassing-this-key-mark-but-trade-worries-loom/

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