Oil starts the new year on a high ahead of US-China trade talks
Growing tensions in the Middle East have also supported prices
02 January 2020 - 12:47
London — Oil prices rose to begin the new year on Thursday buoyed by signs of improving trade relations between the US and China that eased demand concerns and rising tensions in the Middle East.
Brent crude futures rose 25 cents to $66.25 a barrel by 9.58am GMT, while US West Texas Intermediate (WTI) crude was up 13 cents at $61.19 per barrel...
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