Oil prices fell on Wednesday, pulled down by a U.S. supply glut and a drop in stock markets as China’s government warned of increasing economic headwinds and as Japan was expected to report another quarter of GDP contraction. SEE MORE Donald Trump suggested Tuesday that he could extend a 90-day truce in his trade war with China, while his top White House economic adviser backtracked from the president’s announcement that Beijing had agreed to reduce tariffs on U.S.-made cars. SEE MORE European shares traded in negative territory on Tuesday morning as investors started to question whether the truce agreed by the United States and China on their trade dispute would lead to a long-term deal. SEE MORE China’s government isn’t yet able to formulate its response to the summit on trade with U.S. President Donald Trump as senior officials are still out of the country with President Xi Jinping. SEE MORE Royal Dutch Shell caved in to growing investor pressure over climate change on Monday with plans to set short-term targets for reducing its carbon footprint. SEE MORE