US crude settles lower amid trade concerns

US President Donald Trump said he might strike a trade deal with China, or "postpone" it

Oil price: WTI crude fell 44 cents a barrel to settle at $53.79
Oil price: WTI crude fell 44 cents a barrel to settle at $53.79Photo: REUTERS/SCANPIX
Published 1 February 2019, 00:03Updated 1 February 2019, 00:03
ProductionDonald TrumpSaudi ArabiaAmericasNorth America