Oil firms as Trump and Putin confab behind Saudi’s back
The two presidents have agreed to talks on energy market stabilisation as demand plummets
London — Oil prices firmed on Tuesday after US President Donald Trump and Russian President Vladimir Putin agreed to talks aimed at stabilising energy markets, with benchmarks climbing off 18-year lows hit as the coronavirus pandemic cut fuel demand worldwide.
Brent crude was up by 61c, or 2.7%, at $23.37 a barrel by 8.33am GMT, after closing on Monday at $22.76, its lowest finish since November 2002. US crude was up by $1.04, or 5.2%, at $21.13 a barrel, after settling in the previous session at $20.09, its lowest since February 2002...