Oil Climbs over $1 onUS-China Talks
9 Articles
9 Articles
Oil climbs over $1 onUS-China talks
Brent crude rose more than $1 a barrel on Friday morning and oil prices were on track for their first weekly gain in three weeks after US President Donald Trump and Chinese leader Xi Jinping resumed trade talks, raising hopes for growth and stronger demand in the world's two largest economies. Brent crude futures gained $1.50, or 1.61%, to $66.39 a barrel by 1349 GMT. US West Texas Intermediate crude climbed $1.02, or 1.61%, to $64.39. On a week…
Positive Jobs Report, US-China Talks Lift Crude Oil Market
By Adedapo Adesanya The crude oil market went up by more than $1 on Friday after a favourable jobs report in the United States and resumed trade talks between the US and China. The price of Brent crude increased by $1.13 or 1.73 per cent to $66.47 a barrel and the US West Texas Intermediate (WTI) crude finished at
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