Oil recoups some losses as investors focus on US-China trade talks
Oil prices rose on Monday after hitting five-month lows in the previous session, as investors hoped potential talks between the presidents of the U.S. and China could ease trade tensions between the world's two largest economies and oil consumers.
Brent crude futures climbed 92 cents, or 1.47%, to $63.65 a barrel by 0622 GMT after settling down 3.82% on Friday at the lowest since May 7.
Reuters
Oil prices rose on Monday after hitting five-month lows in the previous session, as investors hoped potential talks between the presidents of the U.S. and China could ease trade tensions between the world's two largest economies and oil consumers.
Brent crude futures climbed 92 cents, or 1.47%, to $63.65 a barrel by 0622 GMT after settling down 3.82% on Friday at the lowest since May 7.
Reuters
Oil prices rose on Monday after hitting five-month lows in the previous session, as investors hoped potential talks between the presidents of the U.S. and China could ease trade tensions between the world's two largest economies and oil consumers.
Brent crude futures climbed 92 cents, or 1.47%, to $63.65 a barrel by 0622 GMT after settling down 3.82% on Friday at the lowest since May 7.
Reuters
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Oil recoups some losses as investors focus on US-China trade talks
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