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Optimism regarding US-China trade talks works in favour of Oil
Jan. 7, 2019
Source: Reuters

Optimism regarding US-China trade talks works in favour of Oil

Crude market started the week with optimism as oil prices increased substantially on Monday. US- China trade talks which were scheduled to start from Monday are expected to resolve the prolonging dispute between the two nations. The supply cuts from major producers has also supported the prices. Brent went up by 1.2% and was traded at $57.75 per barrel. WTI was up by 1.3%, at $48.60 per barrel.

   Read More About : Brent Price China Oil Prices US WTI
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