Oil prices closed on Saturday with optimism that the US- China trade crisis will be resolved . 

London Brent crude <LCOc1> was up 46 cents, or 0.75 percent, to settle at $ 62.09 a barrel. 

The US ended its Brent crude contracts for West Texas Intermediate trading 6 cents higher , or the equivalent of 0.11% to settle at 52.70 dollars a barrel. 

Sufaat was boosted by news that the United States and China may still be able to meet a March 1 deadline to settle some issues in their trade dispute.