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Oil prices fell on Thursday, stressed by the dimming hopes of the US and China reaching a trade deal, adding to the concerns of lower fuel demand. Brent crude fell 0.2%, and was priced at $58.21 a barrel. US WTI crude slipped 0.2%, to $52.48. Analysts at Phillip Futures said, “Should U.S.-China trade negotiations take a turn for the worst, market pessimism will impose sharp negative pressures on oil prices.”
