The decline in US stocks affects oil prices

Media In\ New York 13-05-2019
Oil futures fell today as US stocks tumbled as the negative sentiment in the US-China trade talks caused investors to worry, who pushed oil up in early trade on fears of supply disruption after reports of sabotage attacks on tankers in the Middle East.
Brent crude for July delivery fell 39 cents to settle at $ 70.23 a barrel after rising earlier to a session high of $ 72.58 a barrel.
WTI crude futures fell 62 cents to settle at $ 61.04 a barrel, after rising earlier to $ 63.33.
Oil has come under pressure from falling equities and other high-risk assets as investors move towards safe havens such as US Treasuries after the US-China trade war escalates.