Oil Sinks as China Targets U.S. Crude With Tariffs in Trade War
An oil pumping unit, also known as a “nodding donkey” or pumping jack, operates at sunset at a drilling site operated by Tatneft OAO near Almetyevsk, Russia,(Photographer: Andrey Rudakov/Bloomberg)

Oil Sinks as China Targets U.S. Crude With Tariffs in Trade War

(Bloomberg) -- Crude slid to a two-week low after China announced tariffs on U.S. oil for the first time and U.S. President Donald Trump signaled he may escalate the trade war.
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