Global oil edges down on lack of details over trade deal
Traders are reluctant to push price further given very strong gains due to optimism on Friday, analyst says
14 October 2019 - 07:51
Singapore — Oil prices eased on Monday as scant details on the first phase of a trade deal between the US and China undercut last week’s optimism over the thaw that helped to lift crude markets 2%.
Brent crude futures edged down 25 cents to $60.26 a barrel by 6.36am, while US West Texas Intermediate (WTI) crude futures was at $54.45 a barrel, down 25 cents...
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