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Bloomberg Quint
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Oil Returns To Losses As Market Concerns Over Trade War Persist
- Oil extended a volatile run as investors grappled with abrupt shifts in US tariff policy.
- Brent fell below $65 a barrel, while west Texas Intermediate was near $62.
- The rebound in oil prices is unlikely to turn into a trend-setting reversal due to the US-China trade war.
- China's consumption of fuels and petrochemicals may be affected by the higher US tariffs.
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