Oil rises on China-U.S. talks, gains capped by U.S. fuel build

January 4, 2019 admin Business News Comments Off on Oil rises on China-U.S. talks, gains capped by U.S. fuel build

Oil rose 2 percent on Friday after proposed trade talks between the United States and China eased some fears about a global economic slowdown, but gains were capped after the United States reported a sharp build in refined product inventories.

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Source:: Reuters – Business News