Volatility continued to reign in oil markets at the start of the week, starting with a decline before bouncing back into the green early on Monday morning. At the time of writing, Brent crude was trading at $64.88 per barrel, with West Texas Intermediate changing hands for $61.63 per barrel. The two benchmarks have shed some $10 each since the start of the month and the tariff wars. The latest development in the wars was China’s move to hike tariffs on U.S. imports to 125% in response to Trump’s latest tariff hike. The Chinese also…
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