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US-China treaty supports oil prices
Dec. 4, 2018
Source: Reuters

US-China treaty supports oil prices

The hike spree of oil market continued on Tuesday also. Supply cut expectations from OPEC and Canada’s mandatory output cut have supported the gains. Brent crude increased by 0.7%, at $62.09 per barrel. WTI crude climbed up by 0.8% and were traded at $53.35 per barrel. According to the traders, the 90-day treaty between US and China in the middle of their trade dispute has also supported the market.

   Read More About : Brent Price China Oil Prices US WTI
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