Oil futures edged lower Thursday morning, after the International Energy Agency’s monthly report underscored worries that rising global trade tensions could undercut energy demand.

Oil prices declined today, March 13, after logging their highest close in two weeks yesterday, amid concerns about the impact of the escalating trade

Oil prices rose 1% on Tuesday, helped by weakness in the U.S. dollar, although gains were capped as concerns mounted over a U.S. slowdown and the impact of trade tariffs on global economic growth. Brent futures rose 73 cents,

Oil prices edged lower in Asian trading Thursday, easing after a recent rebound as concerns over a potential U.S. recession and increasing production weighed on sentiment. Brent crude futures slipped 0.