Thursday, 28 November 2019

Oil ends mixed, pressured by U.S. tensions with China over rights bill - Reuters

Oil ends mixed, pressured by U.S. tensions with China over rights bill - Reuters:

Oil prices ended mixed on Thursday, with U.S. prices rebounding modestly from concerns that arose from U.S. President Donald Trump signing into law a bill backing protesters in Hong Kong, fuelling tensions with China.

Brent crude lost 14 cents, or 0.2%, at $63.92 a barrel, paring earlier losses. 

West Texas Intermediate crude reversed losses to close up 13 cents, or 0.2%, at $58.24, with many U.S. traders away for the Thanksgiving holiday.

China warned the United States that it would take “firm countermeasures” in response to U.S. legislation backing anti-government protesters in Hong Kong.

No comments:

Post a Comment