Oil slides on U.S.-China tensions, doubts about Russian output cuts

May 27, 2020 admin Business News Comments Off on Oil slides on U.S.-China tensions, doubts about Russian output cuts

Oil futures tumbled on Wednesday after U.S. President Donald Trump said he was working on a strong response to China’s proposed security law in Hong Kong and as some traders doubted Russia’s commitment to deep production cuts.

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Source:: Reuters – Business News