The escalating U.S.-China trade spat has dragged global oil prices down for two straight days. <br /> As of Thursday,... West Texas Intermediate Crude was trading at... 66-point-81 U.S. dollars per barrel,... down zero-point-2 percent, while Brent Crude fell zero-point-3-7 percent to 72-point-oh-one dollars. <br />The fall has been mostly attributed to the growing trade war between the two superpowers.... which is forecast to hamper global growth and lower the demand for crude oil. <br />Upward pressure on prices due to concerns over the U.S. resuming sanctions on Iran this November... prevented prices from falling further. <br />
