Oil prices held steady on Thursday and in early trading on Friday after a top Saudi official said that oil production would remain flat in July compared to June and that Saudi Arabia does not want to oversupply the market. Previous comments suggested that Saudi Arabia would ramp up to 10.8 million barrels per day (mb/d) in July, but instead the Saudis will keep output at 10.5 mb/d. Trump ready for $500 billion in tariffs on China . President Trump said that he’s ready to put a tariff on every single Chinese good coming into the United States. “I’m ready to go to 500,” the president told CNBC , referring to the total dollar […]