Oil Rises Amid Trade Optimism

Oil Rises Amid Trade Optimism

Oil prices rose today after positive comments that re-optimized the trade deal between the United States and China, where Brent crude futures rose 0.4% to 63.65 dollars a barrel, and West Texas Intermediate crude futures rose 0.4% to 58.01 dollars a barrel, according to a Chinese newspaper Washington and Beijing have reached broad consensus on the first phase deal, although some differences remain over tariffs on Chinese goods. In addition to me that US President Donald Trump and his Chinese counterpart Xi Jinping confirmed their desire to sign the agreement first commercial.