Oil price falls after Trump says Venezuela will send supply to US – business live

Rolling coverage of the latest economic and financial news, as Brent crude drops back to $60 a barrel

• Venezuela ‘turning over’ $2bn in oil to US, Trump says, in move that could cut supply to China

Shares in energy companies are dropping at the strat of trading in London.

BP (-2.7%) are the top faller on the FTSE 100, with Shell dropping by 1.8%.

Continue reading…Rolling coverage of the latest economic and financial news, as Brent crude drops back to $60 a barrelVenezuela ‘turning over’ $2bn in oil to US, Trump says, in move that could cut supply to ChinaShares in energy companies are dropping at the strat of trading in London.BP (-2.7%) are the top faller on the FTSE 100, with Shell dropping by 1.8%. Continue reading…