Oil steadies, set for weekly gain amid hopes for end to U.S.-China trade war - Reuters:
Oil prices were steady on Friday, with crude benchmarks poised for multi-week gains amid a sharp drawdown in U.S. crude inventories, while trade tensions eased as Washington and Beijing agreed to hold high-level talks next month.
Brent crude was down 3 cents at $60.92 a barrel by 0850 GMT, while U.S. West Texas Intermediate (WTI) crude was down 10 cents at $56.20 a barrel.
Brent is set to mark its fourth weekly gain, while U.S. crude is headed for a second weekly rise.
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