Oil Prices Fall As U.S. Trade Dispute With China Looms

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Brent and WTI crude oil futures dipped on Monday as concerns of a looming trade dispute between the United States and China weighed on global markets. 

 

In Asia, Shanghai crude oil futures debuted strongly, both in terms of volume and prices, with front-month contracts soaring as much as 6 percent as investors bought into the world's newest financial oil trading instrument.

 

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