* U.S. crude inventories rose for a sixth week: government data
* WTI futures slide as much as 1%, after an 11% drop last month
By Grant Smith and Tsuyoshi Inajima
Oil fell to the lowest in more than two months on signs of surging U.S. supply and speculation that American sanctions against Iran won’t succeed in reducing exports to zero.
Oil Slips Amid Fears New U.S.-China Tariffs Could Hurt Demand
* Additional U.S. tariffs could come on top of $250b imposed
* WTI trades near $67 a barrel, after a 0.8% decline on Monday
By Heesu Lee and Grant Smith
Oil slipped on concern that an escalating trade dispute between the U.S. and China will dampen global growth at a time when American crude inventories are growing.
* Global macroeconomic tumult spurs tumbling crude prices
* Move comes as OPEC and allies boost supply and margins narrow
By Alex Longley and Javier Blas
Just weeks after oil traders were touting $100 a barrel, those predictions now seem a distant memory.
Oil Rises as Saudi Arabia Vows to Hit Back Against Any Sanctions
* Kingdom could potentially use its energy riches to retaliate
* WTI rises as much as 1.9% after biggest weekly loss since May
By Grant Smith
Oil rose as traders assessed a threat by Saudi Arabia, the world’s biggest crude exporter, to retaliate against any punishment over the disappearance of a government critic.
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