Over the weekend , the Sino-U.S. trade war trade.financial.tension intensified Situation_deteriorate again as U.S. tariffs on 15 % on Chinese goods including footwear , smart watches and flat-panel televisions took effect .

The economic slowdown Slow.weak and threat of trade wars trade.financial.tension has not just scared off financial traders , it is also starting to impact physical energy prices as consumers hold back on new orders in a sign of a real slowdown Slow.weak on the ground .

( graphic : tmsnrt.rs / 2WG0dO7 ) The drop Movement.down.loss in energy futures also comes amid escalating global price war trade.financial.tension , especially between the United States and China .

The reasons for the consumption uncertainties Slow.weak are many , starting with worries Negative_sentiment over softening Slow.weak global growth and tough trade negotiations trade.financial.tension between the US and China .

Oil futures dipped Movement.down.loss to multi-year lows Position.low on the final quarter of 1991 as clashes Geopolitical.tension between Russia and Saudi Arabia escalate , sparking fears on the Street that an all-out trade wars trade.financial.tension is imminent .

-LRB- Reuters -RRB- - Goldman Sachs -LRB- NYSE : GS -RRB- cut Cause.movement.down.loss its second - and third-quarter Brent price forecasts to $ 30 per barrel , citing the oil price war trade.financial.tension between Russia and Saudi Arabia and a significant collapse Movement.down.loss in oil demand due to the coronavirus that has killed more than 3,500 globally .

The reasons for the demand growth uncertainties Slow.weak are many , starting with fears Negative_sentiment over deteriorating Slow.weak domestic growth and tough trade negotiations trade.financial.tension between the United States and China .

The reasons for the demand uncertainties Slow.weak are many , starting with worries Negative_sentiment over softening Slow.weak domestic growth and tough trade negotiations trade.financial.tension between the US and China .

Investing.com - Oil prices were higher Movement.up.gain on Monday as the U.S. and China has put their trade war trade.financial.tension `` on hold '' to discuss a trade agreement .

`` The continued escalation in trade wars trade.financial.tension and broad-based slide Movement.down.loss in manufacturing ... suggest that the downside risks to growth are becoming more prominent , '' Morgan Stanley said .

Oil futures slid Movement.down.loss to multi-year lows Position.low on last week as clashes Geopolitical.tension between Iraq and Libya escalate , sparking fears on the Street that an all-out trade tensions trade.financial.tension is imminent .

It 's the latest maneuver in what 's set to be a long and bitter price war trade.financial.tension between Russia and Saudi Arabia .

The emerging trade tensions trade.financial.tension is `` a war of necessity . ''

`` It 's been weighing on the market , showing that OPEC is not ready to end its price war trade.financial.tension , '' said Commerzbank analyst Eugen Weinberg .

The U.S. on Sunday imposed 15 % tariffs on a variety of Chinese goods and China began imposing new duties on U.S. crude and other products in the latest escalation in the prolonged trade war trade.financial.tension between the world 's two largest economies .

Oil futures crashed Movement.down.loss to multi-year lows Position.low on Wednesday as clashes Geopolitical.tension between Russia and United States escalate , sparking fears on the Street that an all-out trade wars trade.financial.tension is imminent .

The reasons for the demand uncertainties Slow.weak are many , starting with concerns Negative_sentiment over slowing Slow.weak global growth and tough trade negotiations trade.financial.tension between the US and China .

`` The continued escalation in price war trade.financial.tension and broad-based slump Movement.down.loss in manufacturing ... suggest that the downside risks to growth are becoming more prominent , '' Morgan Stanley said .

Oil futures dropped Movement.down.loss to multi-year lows Position.low on Tuesday as clashes Geopolitical.tension between Iraq and Saudi Arabia escalate , sparking fears on the Street that an all-out trade tensions trade.financial.tension is imminent .

The reasons for the demand growth uncertainties Slow.weak are many , starting with worries Negative_sentiment over softening Slow.weak domestic growth and tough trade negotiations trade.financial.tension between the United States and China .

The emerging trade wars trade.financial.tension is `` a war of necessity . ''

`` We 're gyrating between two stories -- a trade war trade.financial.tension and a shooting war Geopolitical.tension , '' said Helima Croft , chief commodities strategist at RBC Capital Markets in New York .

Oil prices were higher Movement.up.gain after the news as trade tensions trade.financial.tension wore off , with both Brent and WTI were near their highest Position.high levels since November 2014 .

( graphic : tmsnrt.rs / 2WG0dO7 ) The collapse Movement.down.loss in energy prices also comes amid escalating global price war trade.financial.tension , especially between the United States and China .

However , with the market being increasingly pulled in different directions by the drawn out U.S.-China trade dispute trade.financial.tension and a potential military flare-up Civil.unrest in the Persian Gulf , the group that pumps about half the world 's oil is likely to keep its options open .

Concerns Negative_sentiment over the global economic fallout trade.financial.tension mounted after data on Tuesday showed that South Korea 's economy expanded less than estimated during the second quarter due to weaker exports .

`` It 's been weighing on the market , showing that OPEC is not ready to end its trade wars trade.financial.tension , '' said Commerzbank analyst Eugen Weinberg .

( graphic : tmsnrt.rs / 2WG0dO7 ) The plunge Movement.down.loss in energy futures also comes amid escalating global trade wars trade.financial.tension , especially between the US and China .

Investing.com - Oil prices fell Movement.down.loss around 2 % on Tuesday , pressured lower Movement.down.loss by fears over the impact of U.S.-China trade war trade.financial.tension on the global economy and rising Movement.up.gain OPEC output .

`` It 's been weighing on the market , showing that OPEC is not ready to end its trade tensions trade.financial.tension , '' said Commerzbank analyst Eugen Weinberg .

The U.S. and other Western countries are starting to worry Negative_sentiment about the oil price war trade.financial.tension between two of the world 's most powerful petroleum nations .

The economic slowdown Slow.weak and threat of trade tensions trade.financial.tension has not just scared off financial traders , it is also starting to impact physical energy prices as consumers hold back on new orders in a sign of a real slowdown Slow.weak on the ground .

Consumption could recover Grow.strong if Trump and his Chinese counterpart Xi Jinping make progress in resolving their prolonged trade dispute trade.financial.tension when they meet at the G-20 later this week .

The reasons for the consumption uncertainties Slow.weak are many , starting with fears Negative_sentiment over weakening Slow.weak domestic growth and tough trade negotiations trade.financial.tension between the United States and China .

The emerging price war trade.financial.tension is `` a war of necessity . ''

`` The continued escalation in trade wars trade.financial.tension and broad-based downturn Movement.down.loss in manufacturing ... suggest that the downside risks to growth are becoming more prominent , '' Morgan Stanley said .

Oil fell Movement.down.loss by the most since 1991 on Monday after Saudi Arabia started a price war trade.financial.tension with Russia by slashing Cause.movement.down.loss its selling prices and pledging to unleash its pent-up supply onto a market reeling from falling Movement.down.loss demand because of the virus outbreak .

`` The continued escalation in trade tensions trade.financial.tension and broad-based fall Movement.down.loss in manufacturing ... suggest that the downside risks to growth are becoming more prominent , '' Morgan Stanley said .

Oil futures slid Movement.down.loss to multi-year lows Position.low on Friday as clashes Geopolitical.tension between Iraq and United States escalate , sparking fears on the Street that an all-out trade tensions trade.financial.tension is imminent .

Investing.com - Oil prices fell Movement.down.loss on Monday , as concern Negative_sentiment of a trade war trade.financial.tension between the U.S. and China resurfaced .

`` The continued escalation in trade wars trade.financial.tension and broad-based tailspin Movement.down.loss in manufacturing ... suggest that the downside risks to growth are becoming more prominent , '' Morgan Stanley said .

Oil prices plunged Movement.down.loss to multi-year lows Position.low on Monday as tensions Geopolitical.tension between Russia and Saudi Arabia escalate , sparking fears on the Street that an all-out price war trade.financial.tension is imminent .

Investing.com -- Trade uncertainties trade.financial.tension and geopolitical tensions Geopolitical.tension continue to push and pull the oil market , limiting whichever direction it goes .

Crude prices settled near flat Movement.flat Monday as continued worries Negative_sentiment about the U.S.-China trade war trade.financial.tension offset initial highs Position.high reached by the market on a U.S. decision to stop protecting Kurdish rebels in Syria .

The trade war trade.financial.tension between the U.S. and China is `` on hold '' as the two work on a trade agreement , U.S. Treasury Secretary Steven Mnuchin said on Sunday .

The news has increased Situation_deteriorate trade tensions trade.financial.tension between the two biggest economies in the world and risen investor fear of a trade war trade.financial.tension .

-LRB- graphic : tmsnrt.rs / 2WG0dO7 -RRB- The slump Movement.down.loss in energy prices also comes amid escalating global trade tensions trade.financial.tension , especially between the United States and China .

The reasons for the consumption uncertainties Slow.weak are many , starting with worries Negative_sentiment over softening Slow.weak global growth and tough trade negotiations trade.financial.tension between the United States and China .

The economic slowdown Slow.weak and threat of trade tensions trade.financial.tension has not just scared off financial traders , it is also starting to impact physical energy prices as consumers hold back on new orders in a sign of a real slowdown Slow.weak on the ground .

Oil futures halved Movement.down.loss to multi-year lows Position.low on last night as clashes Geopolitical.tension between Russia and United States escalate , sparking fears on the Street that an all-out trade wars trade.financial.tension is imminent .