Nov. 29, 2018
Source: Reuters

Oil prices ticked higher ahead of G20

Hope of better results after the trade talks at the G20 meeting kept the crude market optimistic and supported the prices on Thursday. The market expects that this meeting will help in shaping the demand outlook and global economy. Meanwhile, US crude inventories rose to their highest in a year restricting the gains. WTI climbed by 0.8%, at $50.67 per barrel. Brent rose by 0.5%, at $59.03 a barrel.

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