Oil Prices Rise on Hopes of U.S. Trade Deals ...Middle East

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Oil Prices Rise on Hopes of U.S. Trade Deals
source : OILPRICE ( Middle East ) () 71
Oil prices rose by more than 1% early on Thursday as the market expects a U.S.-UK trade deal announcement later today and the start of U.S.-China ice-breaker talks later this week. As of 8:35 a.m. EDT on Thursday, the U.S. benchmark, WTI Crude, was up by 1.89% at $59.15. The international benchmark, Brent Crude, was trading 1.62% higher at $62.12 per barrel. Oil and equity markets were buoyed on Thursday by the announcement from U.S. President Donald Trump that the United States would sign the first post-tariff trade deal with the United Kingdom.…

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