TOKYO: Oil prices fell on Monday after data showing China’s overall exports of goods and services shrank for a fourth straight month, sending shivers through a market already concerned about damage being down to global demand by the Sino-US trade war.
Brent futures were down 33 cents, or 0.5 per cent, at $64.06 per barrel by 0055 GMT, after gaining about 3 per cent last week, boosted by news that OPEC and allies would deepen output cuts.
