NIFTY 50

Oil prices slip on concerns US-China trade deal may not boost demand

Updated : June 01, 2020 02:19 PM IST

US Treasury Secretary Steven Mnuchin said late on Tuesday that the tariffs would remain even as a trade deal is set to be signed on Wednesday.
US oil production is expected to rise to a record of 13.30 million barrels per day in 2020 mainly driven by higher output in the Permian region of Texas and New Mexico.

You May Also Like

Live TV

recommended for you