Oil prices gain as market awaits signals on U.S.-China trade talks | The Guardian Nigeria News - Nigeria and World News

📆 11/12/2019 4:22 PM
📰 GuardianNigeria

⏱ Reading Time:
21 sec. here
2 min. at publisher
📊 Quality Score:
News: 12%
Publisher: 94%

United States News News

United States United States Latest News,United States United States Headlines

“Positive commentary about a possible U.S. and China interim trade deal certainly helps, but the fundamentals are supportive.” PriceOfOil OilPrice Oil US China

Brent crude futures were up 31 cents, or 0.5 per cent, at 62.49 dollars a barrel by 0644 GMT, after dipping to as low as 61.90 dollars earlier in the day.

Trump said on Saturday that talks with China were moving along “very nicely” but the United States would only make a deal if it was the right one for Washington.Trump speaks to the Economic Club of New York later on Tuesday, and markets will be keen for any update on the talks. On the supply side, Goldman Sachs also cut its 2020 forecast for growth in U.S. oil production, which has surged in recent years.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Oil prices gain as market awaits signals on US-China trade talks
Source: MobilePunch - 🏆 8. / 63 Read more »