Oil price resumes downward trend on midstream stockpiling

11.01.2019

Oil prices fell about 1 percent on Thursday as no clear signs of a resolution emerged from U.S.-Chinese trade talks and official data again highlighted vast fuel stocks in the United States.

Brent crude was down nearly 1 percent, or 60 cents, to $60.84 per barrel at 1400 GMT. U.S. crude...