Oil prices fall 1% as global demand concerns grow

US-China trade tensions grow as China seeks $2.4 billion in retaliatory sanctions against the United States

Oil price: Brent crude futures fell 46 cents to settle at $58.96 a barrel
Oil price: Brent crude futures fell 46 cents to settle at $58.96 a barrelPhoto: REUTERS/SCANPIX
Published 21 October 2019, 20:40Updated 21 October 2019, 20:40