Oil prices fall 1% with Wall Street on trade war, give back early gains

Oil futures fell more than 1% on Monday with Wall Street, as the negative turn in the US-Chinese trade talks spooked investors, who had sent oil higher in early trade on concerns that tanker attacks in the Middle East could disrupt supplies. Brent crude futures were down 77 cents at $69.85 a barrel, a 1.1 percent drop, by 1:04 p.m.

EDT (1704 GMT). The global benchmark earlier hit a session high of $72.58 a barrel. US West Texas Intermediate (WTI) crude futures fell 88 cents to $60.78 a barrel, a 1.4 percent decline, after previously.....

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