Oil falls as trade worries with China, Mexico mount

Brent crude futures have dropped almost 20% from 2018 peak as global supplies tighten

Oil price: Brent crude futures settled at $61.28 a barrel, losing 71 cents, or 1.2%
Oil price: Brent crude futures settled at $61.28 a barrel, losing 71 cents, or 1.2%Photo: REUTERS/SCANPIX
Published 3 June 2019, 23:12Updated 3 June 2019, 23:12
ProductionNorth America