Bloomberg | Oil Advances as US Surplus Near 3-Year Low Takes Center Stage Bloomberg The U.S. oil benchmark has declined about 7 percent this month amid escalating trade tensions between the U.S. and China that threatens global energy demand. While prices gained briefly on Monday amid a war of words between the U.S. and Iran over oil ... Oil Moves Higher as Market Shrugs Off US-Iran Tensions China keeps buying Iranian oil, and the trade war adds a reason to defy US sanctions Oil steady as US-Iran row balances trade worries |