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Crude oil prices rally due to easing trade tensions between U.S. and China

2018-12-04 3 Dailymotion

Crude oil prices rallied on Monday... on the back of an agreement between the U.S. and China to ease trade tensions.<br />At market close on Monday,... January futures for West Texas Intermediate Crude... was trading at 52-dollars-and-95 cents per barrel.<br />February futures for Brent Crude settled at 61-dollars-and-89 cents per barrel.<br />These price gains... represent a more than 4 percent rise from the previous day.<br />Oil exporters are expected to announce a production cut at the OPEC meeting this week,... which also fueled the crude rally. <br />

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