Oil prices wiped out earlier gains to dip by more than 2% in early U.S. trade on Tuesday amid renewed concerns that the trade war between the United States and China could slow global economy. As of 7:21 a.m. EDT on Tuesday, the U.S. benchmark, WTI Crude, fell to the $58 per barrel threshold, down by 2.30$58.12. WTI Price The international benchmark, Brent Crude, was trading below the $62 a barrel mark, and was down by 2.181$61.94. Brent Price Oil had stabilized in early Asian tra ...