#mehangai news - Amid trade war, India sees fall in fuel prices

Amid trade war, India sees fall in fuel prices  Times of IndiaNEW DELHI: The ongoing trade war fears might not be good for the global growth outlook but it is resulting in falling crude oil prices. Oil rates fell by around 1 per cent on Monday, extending losses of over 3 per cent from Friday, when crude markets slipped to their biggest monthly losses in six months amid stalling demand and as US-China trade wars fanned fears of a global economic slowdown. The tensions grew further when US President Donald Trump threatened tariffs on Mexico, one of its major supplier of crude oil. Brent crude futures were at $61.28 at 12:29 pm. That was 71 cents, or 1.1...

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