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Easing US-China trade tensions support oil prices
Dec. 13, 2018
Source: Reuters

Easing US-China trade tensions support oil prices

Downturn of US crude inventories and China’s strong initiatives towards putting trade war treaty with Washington into action supported oil prices on Thursday. The market also experienced increment because of the supply cut announced by OPEC last weeks. Brent crude was up by 0.52% and was traded at $60.46 per barrel. WTI crude futures increased by 0.49% and was traded at $51.40 per barrel.

   Read More About : Brent Price China Oil Prices US WTI
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