Oil prices extend slide to third straight day, U.S.-China trade doubts grow

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Oil prices extend slide to third straight day, U.S.-China trade doubts grow
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Oil prices slipped for a third consecutive session on Wednesday as the prospect ...

SINGAPORE - Oil prices slipped for a third consecutive session on Wednesday as the prospect of the United States and China striking a trade deal in talks this week dimmed, raising uncertainties for global economic growth and oil demand.

Negotiators from the world’s top two economies will meet in Washington on Thursday and Friday in the latest effort to hammer out a deal aimed at ending a long-running trade dispute that has slowed global economic growth. “The market is just over-bearish at the moment, too focused on the demand side of the equation,” Lee said.

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