Oil settles lower on US rate hike fears; investors watch Trump-Xi meeting
Statele Unite
Oil prices fell as markets awaited the outcome of talks in Beijing between Chinese President Xi Jinping and US President Donald Trump. HOUSTON: Oil prices settled lower on Wednesday (May 13) as investors worried about possible US interest rate hikes and awaited updates on a high-stakes summit in Beijing between US President Donald Trump and China's Xi Jinping. Brent crude futures closed down US$2.14, or 2 per cent, to US$105.63 a barrel. US West Texas Intermediate futures fell US$1.16, or 1.14
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