# U.S. oil prices fall, but gain 9% for month with U.S.-China trade talks, OPEC meeting ahead - MarketWatch

> US crude futures settled at $58.47 a barrel on June 28, down 96 cents, but gained about 9% over June. Traders awaited Sino-U.S. trade talks at the G20 and an OPEC+ meeting the following week.

- Date: 2019-06-28 · published 2019-06-28T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/58761-u-s-oil-prices-fall-but-gain-9-for-month-with-u-s-china-trade-talks-opec
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Oil demand expectations tied to US-China trade outcomes and OPEC+ production cut decisions feed into energy costs for feed production, transport and ethanol margins, which can affect corn and soymeal pricing.

## Read by commodity

- WTI: neutral
- BRENT: neutral

## Sources

- marketwatch.com: https://www.marketwatch.com/story/oil-prices-slip-but-hold-near-multiweek-highs-as-trade-opec-production-updates-loom-2019-06-28

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.