Oil prices bounce after Trump tariff tweet sparks biggest one-day drop in 4 years
August 02, 2019 at 07:45 AM EDT
Oil futures trade higher Friday, bouncing back from a plunge that saw the U.S. benchmark suffer its biggest one-day fall in more than four years after President Donald Trump moved to impose additional tariffs on Chinese goods, ramping up a trade war and stoking fears about global energy demand.