Monday, January 20, 2020
-18 °c
Oil steady as fears over U.S.-Iran conflict ease

Oil steady as fears over U.S.-Iran conflict ease

Oil prices held steady on Monday as fears of war between the U.S. and Iran eased, with investors shifting their focus to the expected signing of an initial U.S .- China trade deal this week, which could boost growth and demand. Brent crude LCOc1 was up 1 cents at $64.99 per barrel at 0737 GMT while West Texas Intermediate (WTI) crude CLc1 was up 5 cents from the previous session at $59.09 per barrel. Oil prices surged to their highest in almost four months after a U.S. drone strike killed an Iranian...

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