Oil falls by 1 pct on China trade slump, although crude imports remain high

14 January 2019, News Wires — Oil prices fell by 1 percent on Monday, with Brent crude slipping below $60 per barrel, after Chinese data showed weakening imports and exports in the world’s biggest trading nation and second-largest crude oil consumer. International Brent crude oil futures were at $59.88 per barrel at 0816 GMT, down … More »