US-China
Brent crude futures were up 19 cents, or 0.3 per cent, at USD 62.47 a barrel.
Oil rises amid optimism over OPEC supply cuts, hopes on US-China trade
15 Nov 2019 3:41 PM

OPEC+ on Jan 1 this year cut output by 1.2 million barrels per day (bpd), and in July, renewed the pact until March 2020.

Traders are now eyeing next month’s meeting between the OPEC and Russia to determine if the group would deepen output cuts to prop up prices. (Photo: Twitter)
Oil slips as US-China trade deal hopes dwindle
13 Nov 2019 10:56 AM

A forecast by the International Energy Agency for slower global oil demand growth post-2025 also weighed on the market.

Trump also said the trade deal with China, if completed, would be signed in the United States.
Trump says has not agreed to roll back tariffs on Chinese goods
09 Nov 2019 10:20 AM

US officials said a lot of work remained to be done when Trump announced the outlines of an interim deal last month.

China’s embassy in Washington did not immediately respond to requests for comment.
US-China trade deal signing could be delayed to December: source
07 Nov 2019 11:17 AM

China’s latest push for more tariff rollbacks would be discussed, but was not expected to derail progress toward an interim deal.

US West Texas Intermediate (WTI) crude CLc1 futures fell 21 cents, or 0.4 per cent, from their last close to USD 57.05 per barrel. (Photo: Twitter)
Oil slips on huge US crude build; hopes for US-China trade talks check losses
06 Nov 2019 8:54 AM

US crude inventories rose by 4.3 million barrels in the week ended Nov 1 to 440.5 million barrels.

The border market indices also fell with BSE Mid-Cap Index down 0.67 per cent and BSE Small-Cap Index down 1.03 per cent.
Negative sentiment to continue amid mixed cues
30 Jul 2019 1:59 AM

Global markets turned cautious ahead of the two day meet between US-China on trade, analyst said.

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