Oil Futures Take a Dip After Trump Tweets About China

By Mike Jeffers

(Bloomberg)

WTI shed its earlier gains after President Trump posted on Twitter that China “is letting us down” by not buying U.S. farm products. U.S. stocks also weakened.

WTI +8c to $60.50/bbl at 10:57am ET
Brent -7c to $66.94/bbl

To contact the reporter on this story:
Mike Jeffers in Houston at mjeffers2@bloomberg.net

To contact the editors responsible for this story:
David Marino at dmarino4@bloomberg.net
Catherine Traywick