Trade talk uncertainty upsets oil market
Brent crude futures fall despite likelihood of Opec and Russia extending production cuts
22 November 2019 - 07:47
Singapore — Oil prices pulled back from their highest levels in nearly two months on Friday amid continued uncertainty over whether the US and China will be able to reach a partial trade deal that would lift some pressure on the global economy.
That was more than enough to offset news of a likely extension of production cuts by major producers that drove prices higher in the previous session...
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