Monday, 14 October 2019
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Oil Prices Edge Up, But U.S.-China Trade Tensions Cap Gains
Tuesday, 14 May 2019 08:45 WIB | ENERGY |Minyak WTIbrent oilOil,Crude Oil

Oil prices inched higher on Tuesday, though gains were checked amid an escalation in the trade war between the United States and China.

Brent crude futures were at $70.27 a barrel at 0104 GMT, up 6 cents, or 0.1%, from their last close. Brent ended the previous session little changed.

U.S. West Texas Intermediate (WTI) crude futures were at $61.17 per barrel, up 12 cents, or 0.2%, from their previous settlement. WTI closed the last session steady on the day.

Analysts said the U.S.-China trade war was overshadowing the market, though market fundamentals provided some support.

Source : Reuters

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