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Oil prices were down early on Monday, as global markets brace for protracted talks in the U.S.-China trade war after optimism about an imminent rollback of tariffs faded. At 11:14 a.m. EDT on Monday, WTI Crude was down 0.49 percent at US$56.96, and Brent Crude was down 0.18 percent at US$62.40. Over the weekend, U.S. President Donald Trump appeared to dismiss reports of the imminent lifting of tariffs and breakthrough in talks. This sent the oil market down on Monday, as participants fret about the implications for global trade, economic growth,…