Oil Prices Remain Range Bound For The Foreseeable Future

By Tom Kool – Nov 30, 2019, 2:00 PM CST,OILPRICE

U.S. West Texas Intermediate crude oil is trading lower early Friday on light post-holiday volume. Some traders are saying the move is in reaction to renewed tensions between the United States and China and increasing doubts the two economic powerhouses will reach a Phase One trade deal agreement before new U.S. tariffs kick in on December 15