Oil widens gains, on track for weekly profit

2019-02-15 18:39:50 GMT (Economies.com)
Oil widens gains, on track for weekly profit

Oil prices rose today as the dollar steadied against most major rivals amid optimism on US-China trade talks. 

 

US President Donald Trump said his administration is still not near a full trade agreement with China. 

 

He nonetheless asserted negotiations are going very well, with financial markets improving in response and nearing recent record highs. 

 

As of 17:10 GMT, the dollar index settled at 97.09, with a session-high at 97.3. 

 

Baker Hughes is expected to release data on US rig activity later today. 

 

US West Texas rose 2.2% to $55.5 a barrel, with a session-high at $55.7. 

 

Brent rallied 2.2% to $66.03 a barrel, with a session-high at $66.1 a barrel. 

 
 
 
  Symbol Last Change Chg.%
1.1221
-0.0052
0.4599%
1.2503
-0.0072
0.5722%
16.211
0.993
6.525%
55.748
-4.585
7.600%
62.83
1.06
1.72%
1425.365
9.870
0.697%
 
 
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