Oil anchored in mid-$30s while US-China tensions rise

A crew man handles an oil drum aboard the deck of the oil tanker 'Devon' as it towards Kharq Island to transport crude oil to export markets in Bandar Abbas, Iran, on Friday, March 23, 2018. Geopolitical risk is creeping back into the crude oil market. Photographer: Ali Mohammadi/Bloomberg
A crew man handles an oil drum aboard the deck of the oil tanker 'Devon' as it towards Kharq Island to transport crude oil to export markets in Bandar Abbas, Iran, on Friday, March 23, 2018. Geopolitical risk is creeping back into the crude oil market. Photographer: Ali Mohammadi/Bloomberg

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