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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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Oil prices rise as markets await signals on trade talks

rocky
rocky
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Posts : 225743
Join date : 2012-12-21

Oil prices rise as markets await signals on trade talks Empty Oil prices rise as markets await signals on trade talks

Post by rocky Tue 12 Nov 2019, 2:16 am

Oil prices rise as markets await signals on trade talks

Oil prices rise as markets await signals on trade talks 8398








Economy News - Baghdad
Oil prices rose on Tuesday, recovering from early losses on hopes that US President Donald Trump may signal progress in trade talks with China in a speech later on Tuesday.
By 0644 GMT, Brent crude futures were up 31 cents, or 0.5 percent, to $ 62.49 a barrel, after falling to $ 61.90 a barrel earlier on Tuesday.
US West Texas Intermediate (WTI) crude rose 23 cents, or 0.4 percent, to $ 57.09 a barrel, after falling to $ 56.55 a barrel.
Prices fell on Monday on concerns about the impact on oil demand from the repercussions of the 16-month US-China trade war, which has cast a shadow on global economic growth.
Trump said on Saturday that talks with China were going "very well" but the United States would only make a deal if it was the best for Washington. He also said there had been false reports of the US intention to raise tariffs.
Trump is due to speak at the New York Economic Club later on Tuesday, and markets will be hungry for anything new about the talks.


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