Oil prices slip as weak China exports highlight trade war impact

Oil prices fell on Monday after data showed that Chinese exports declined for a fourth straight month, sending shivers through a market already concerned about damage being done to global demand by the Sino-US trade war.

Brent futures were down 21 cents, or 0.3 per cent, at $64.18 per barrel by 0731 GMT, after gaining about 3 per cent last week on the news that OPEC and its allies would deepen output cuts.

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