Oil prices steady on stasis in US-China talks as Opec steps in
Weak data from China underlines global economy fears as Opec and its allies say they want to sustain oil market stability beyond 2020
15 October 2019 - 16:16
London — Oil prices steadied on Tuesday after two days of losses amid US-China trade talks that have investors on edge, but oil cartel Opec said it hoped to balance markets beyond 2020 in a sign of possible further supply curbs.
Brent crude fell 4c, or 0.07%, to $59.31 a barrel by 12.30pm GMT, while US West Texas Intermediate (WTI) crude dropped 15c, or 0.28%, to $53.44...
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