Oil hits 2019 highs on U.S.-China trade hopes, but U.S. output weighs

February 22, 2019 admin Business News Comments Off on Oil hits 2019 highs on U.S.-China trade hopes, but U.S. output weighs

Oil prices touched their highest since mid-November on Friday and posted weekly gains for the second week in a row, boosted by hopes that U.S.-China trade talks would soon produce a deal, although new record U.S. oil supply limited gains.

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Source:: Reuters – Business News