https://www.rangerminerals.com/wp-content/uploads/2019/05/MW-GF508_oil_cr_20180315072748_ZH-Cropped.jpg 286 763 Ranger Land & Minerals https://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.png Ranger Land & Minerals2019-05-22 20:00:442019-05-22 18:40:47U.S. oil slips on demand worries; but global crude buoyed by Mideast tensions
U.S. oil slips on demand worries; but global crude buoyed by Mideast tensions
U.S. prices settled lower Tuesday as U.S.-China trade woes weighed on energy-demand prospects. However, Middle East tensions provided some support for the global benchmark.
“The U.S.-China trade war…has already surprised markets by intensifying further than anyone initially expected, and because of that, near term risks are skewed to the downside right now,” said Richey.
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