Oil price hardly changed amid expectations of trade deal
Optimism helps offset pressure from rising supplies and worries about global growth
26 September 2019 - 07:57
Singapore — Oil prices held nearly flat on Thursday after US President Donald Trump said a resolution to the China-US trade rift would come sooner than expected, helping to stave off pressure from rising oil supplies and worries about global growth.
Brent crude futures were at $62.34 a barrel, down 5c, or 0.1%, from the previous close, by 0158 GMT. US West Texas Intermediate (WTI) crude futures were up 6c, or 0.1%, to $56.55 a barrel...
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