Oil prices dropped on Tuesday morning, as market participants become more anxious about the next round of U.S.-China trade talks later this week, after the U.S. blacklisted multiple Chinese firms for human rights violations. At 11:59 a.m. EDT on Tuesday, WTI Crude was down 0.85 percent at US$52.30 and Brent Crude was trading down 0.72 percent at US$57.93 as the market turned its attention again to signs of flagging economic and oil demand growth. Simmering geopolitical tensions in the Middle East, however, limited losses. Days before one of the highlights for oil this week—the new round of trade talks between the U.S. and China—the United States placed 28 Chinese entities on a watch list over alleged “human rights violations and abuses in the implementation of China’s campaign of repression, mass arbitrary detention, and high-technology surveillance.” The Chinese firms dismiss those allegations and some of them told CNBC they were […]