WTI drifts lower below $61.00 amid uncertainty on Trump trade war

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $60.80 during the early Asian session on Wednesday. The WTI price remains on the defensive as traders continue to assess the latest headlines on US President Donald Trump's tariff. 
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China Gross Domestic Product (YoY) came in at 5.4%, above expectations (5.1%) in 1Q

China Gross Domestic Product (YoY) came in at 5.4%, above expectations (5.1%) in 1Q
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