• Oil futures rebounded from session lows by midday trading in Asia on Wednesday but remained solidly lower amid a flight from risk assets on the potential of additional U.S. tariffs on Chinese imports

Market news

11 July 2018

Oil futures rebounded from session lows by midday trading in Asia on Wednesday but remained solidly lower amid a flight from risk assets on the potential of additional U.S. tariffs on Chinese imports

. August light, sweet crude on the New York Mercantile Exchange was recently down 0.6% at $73.64 a barrel in the Globex trading session. September Brent fell 0.9% to $78.18. Declines were more than 1% for both benchmarks in morning trade. - via WSJ

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