Tuesday, 6 August 2019

Oil climbs on short-covering, U.S.-China trade war caps gains - Reuters

Oil climbs on short-covering, U.S.-China trade war caps gains - Reuters:

International benchmark Brent crude futures LCOc1 climbed 61 cents, or 1%, to $60.42 a barrel by 0544 GMT on Tuesday after earlier dipping to $59.07, the lowest since Jan. 14.

West Texas Intermediate (WTI) crude CLc1 futures rose 56 cents, or 1%, to $55.25 per barrel.

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