Waranyoo Intanun/Shutterstock Save for later Print Download Share Oil markets gave up recent gains as the US' tariff war with China showed little sign of being resolved. Beijing has denied trade talks are even taking place despite President Donald Trump鈥檚 repeated claims on social media. The president is meanwhile planning to restore his so-called 鈥渞eciprocal tariffs鈥� on the rest of the world within a matter of weeks and is threatening to walk away from US-brokered Russia-Ukraine peace talks if things don't go his way. International benchmark Brent remains $9 per barrel lower than before Trump鈥檚 鈥淟iberation Day鈥� address. It closed at $66.55/bbl on Thursday, down $1.41/bbl on the week, while US price-pin West Texas Intermediate lost $1.89/bbl to finish at $62.79/bbl.
