Oil rises on US-China trade deal optimism
Friday, 13 December 2019 02:52 WIB | ENERGY |Minyak WTI

Oil prices rose nearly 1% on Thursday after U.S. President Donald Trump said Washington was œvery close to nailing down a trade deal with China.

Brent crude futures rose 67 cents, or 1%, to $64.39 a barrel. West Texas Intermediate crude futures gained 42 cents, or 0.7%, to settle at $59.18 a barrel.

Oil prices received a fresh boost after Trump™s tweet saying the United States was very close to a big deal with China amid reports that the country was considering a delay or possible cancellation of tariffs scheduled to go into effect on Dec. 15.

Source: CNBC

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