Oil held losses near a two-month low on fading prospects for a resolution to the protracted U.S.-China trade spat and signs American crude inventories expanded for a fourth week. Futures lost 0.3% in New York after dropping 0.2% on Tuesday. Relations have deteriorated between the world’s two largest economies ahead of trade talks this week as U.S. officials discuss restricting capital flows into China, while Beijing hinted at retaliatory measures after Chinese tech firms were blacklisted. The American Petroleum Institute reported stockpiles rose by 4.13 million barrels last week, according to people familiar with the ... (full story)