Oil drops to lowest since Aramco attacks after Trump scolds China


Brent crude futures, the international standard, settled $1.67, or 2.6%, lower at $63.10 a barrel, while West Texas Intermediate futures ended at $57.29 a barrel, down $1.35, or 2.3%.

HOUSTON: Oil prices plunged more than 2% on Tuesday to their lowest since the Sept. 14 attacks on Saudi Arabia's key oil facilities, after U.S. President Donald Trump rekindled fears the U.S.-China trade conflict that has crimped energy demand is far from over.

In a United Nations address, Trump accused China of unfair trade practices, including "massive" market barriers, currency manipulation and intellectual property theft, a few days after officials from the world's two largest oil-consuming economies held inconclusive trade talks in Washington.

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