Early in the session, both Brent crude and West Texas Intermediate (WTI) rose more than 1%. But at settlement, Brent was down 11 cents, or 0.2% at $58.24 a barrel while WTI fell 12 cents, or 0.2%, at $52.63.
NEW YORK: Oil prices slid on Tuesday as Washington's blacklisting of more Chinese companies dampened hopes for a trade deal between the two countries, although unrest in Iraq and Ecuador lent some support to crude prices.
Early in the session, both Brent crude and West Texas Intermediate (WTI) rose more than 1%. But at settlement, Brent was down 11 cents, or 0.2% at $58.24 a barrel while WTI fell 12 cents, or 0.2%, at $52.63.
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