Oil rises amid hope US and China will find common ground
Brent edges higher and ready to post multi-week gains amid a sharp drawdown in US crude inventories
06 September 2019 - 08:17
Tokyo — Oil prices edged higher on Friday, with crude benchmarks poised for multi-week gains amid a sharp drawdown in US crude inventories, while trade tensions eased after Washington and Beijing agreed to hold high-level talks in October.
Brent crude was up 17c, or 0.3%, at $61.12 a barrel by 4.08am GMT, while US West Texas Intermediate (WTI) crude was up 16c, or 0.3%, at $56.46 a barrel...
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