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Oil Futures Climb by More Than 5% For The Week
Saturday, 16 February 2019 04:06 WIB | COMMODITY |MinyakWTIBrent

Oil futures gained Friday, lifting prices up by more than 5% for the week on signs of tighter global supplies and progress in trade talks between the U.S. and China.

The market was optimistic in regard to progress in this week™s trade talks between the U.S. and China, which can influence demand for energy from the globe™s largest two economies.

U.S. benchmark March West Texas Intermediate crude oil rose $1.18, or 2.2%, to settle at $55.59 on the New York Mercantile Exchange.

April Brent added $1.68, or 2.6%, to $66.25 on the ICE Futures Europe exchange.

Source : Market Watch

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