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Brent Oil - Oil Prices Climb on Hopes for U.S.-China Trade Breakthrough
Brent crude futures were up 30 cents at $62.88 after rising 0.4% in the previous session. Top trade negotiators from China and the U.S. held a phone call on Tuesday morning, China's Commerce Ministry ...
Oil steadies as trade optimism counterweighs U.S. stockpile build
Oil industry group the American Petroleum Institute on Tuesday said U.S. crude inventories rose by 3.6 million barrels, compared with analysts’ expectations for a decrease. The U.S. government’s ...
Oil Holds Steady as Trade-Deal Hopes Counter Rising Stockpiles
“The belief in a positive trade deal continues unabated,” PVM Oil Associates analyst Tamas Varga wrote in a report. “Outright prices are resilient.” West Texas Intermediate for January delivery ...
Oil Steady as Stockpile Data Offsets Trade Deal Hope
(Bloomberg) -- Oil steadied as an industry report showing an increase in ... The contract closed 0.7% higher on Tuesday. Brent for January settlement lost 0.2% to $64.17 a barrel on the London-based ...
Oil eases on growing U.S. stockpiles; U.S.-China trade deal hopes check losses
SINGAPORE (Reuters) - Oil slipped on Wednesday after an industry report showed a surprise build-up in U.S. crude inventories, but optimism surrounding the signing of the first phase of a U.S.-China ...