Oil prices have taken a tumble... as geopolitical factors ease concerns of a supply shortage.<br />The benchmark West Texas Intermediate fell by 2 percent on Tuesday, to just under sixty-nine U.S. dollars a barrel, while Brent crude slipped one percent to seventy-four dollars.<br />The decline followed reports that U.S. and Chinese officials are seeking to end their trade conflict,... and as President Donald Trump offered to talk to Iranian officials "any time."<br />Oil shortage fears were also put to rest by an OPEC report showing output increased in July. <br />
