Oil slips on jitters over U.S.-China trade talks progress

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Oil slips on jitters over U.S.-China trade talks progressOil prices fell on Monday on renewed caution over the prospects of a trade deal between the United States and China, with investors shrugging off comments over the weekend by U.S. President Donald Trump that talks were going well. Brent crude was down 39 cents, or 0.6%, at $62.12 by 0117 GMT. U.S. crude was 35 cents, or 0.6%, lower at $56.89 a barrel, having risen 1.9% last week.

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