Oil falls as traders weigh potential US-China trade talks

Oil prices declined on Friday as traders adjusted their positions ahead of the upcoming OPEC+ meeting, with lingering doubts over a possible easing of the U.S.-China trade conflict also weighing on sentiment.

As of 0922 GMT, Brent crude slipped 42 cents (0.7%) to $61.71 per barrel, while U.S. West Texas Intermediate (WTI) crude dropped 46 cents (0.8%) to $58.78 per barrel.