Oil firms as U.S.-China trade deal appears close
SINGAPORE - Oil prices rose on Monday as supply tightened amid output cuts by producer club OPEC and as the United States and China were reported to be close to signing a trade deal that would end a tariff row that has slowed global economic growth.
U.S. President Donald Trump and Chinese President Xi Jinping could reach a formal trade deal at a summit around March 27 given progress in talks between the two countries, the Wall Street Journal reported on Sunday. “OPEC exports are off by over 1.5 million barrels per day since November,” Barclays bank said in a note released on Sunday.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
OPEC rescued oil from 'total collapse,' Barkindo says, but the US prevented 'major chaos'Oil producing group OPEC is responsible for salvaging the entire oil industry with its deal to curb output, OPEC's secretary general told CNBC.
Leer más »
Oil futures reverse sharply lower as Trump tells OPEC to ‘relax’ on pricesCrude-oil futures turned sharply lower Monday morning, an about-face that energy analysts pinned on a call from President Trump to OPEC to further prevent rising prices.
Leer más »
Oil Has Best Start to a Year Ever as OPEC Production FallsOil prices are off to their best-ever start to a year as fears of a supply glut cool, part of a 2019 recovery in risky investments from stocks to commodities.
Leer más »
Oil advances as OPEC set to continue supply cuts despite U.S. pressure to easeOil prices rose on Wednesday after a report of declining U.S. crude inventories ...
Leer más »
Oil rises on OPEC-led supply cuts, report of falling U.S. crude inventoriesOil prices rose on Wednesday after a report of declining crude inventories in th...
Leer más »
Oil climbs amid OPEC-led supply cuts, but economic weakness dragsOil prices climbed on Friday as markets tightened amid output cuts by producer c...
Leer más »
Oil rises on OPEC supply cuts, but surging U.S. output and economic slowdown weighOil prices rose on Friday as markets tightened amid output cuts by producer club...
Leer más »
Oil prices steady, supported by OPEC tightening suppliesOil prices were broadly steady on Friday as surging U.S. supply and concerns of ...
Leer más »