Oil prices rise on more bullish signs
Fall in US crude stockpiles and better prospects for trade talks lift the mood
12 September 2019 - 11:12
London — Oil prices rose on Thursday, making good on some of the previous session’s losses, after signs of easing trade tensions between Washington and Beijing and a fall in US crude stockpiles to their lowest in nearly a year.
Brent crude futures rose 30c to $61.11 a barrel by 0826 GMT, heading for their first weekly loss in four. US West Texas Intermediate (WTI) futures were up 39c at $56.14 a barrel...
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