Oil prices are up on concerns over supply from Iraq and Ecuador
Protests in both the Opec countries threaten to disrupt their oil supply with Ecuador’s state-run oil company suspending operations
08 October 2019 - 13:27
London — Oil prices increased on Tuesday as unrest in Iraq and Ecuador raised supply concerns, but worries about US-China trade negotiations capped the market’s gains after US President Donald Trump said a quick deal is unlikely.
Brent crude rose 43c, or 0.7%, to $58.78 a barrel by 9.03am GMT. US West Texas Intermediate crude was at $53.12, up 37c, or 0.7%...
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