Oil prices are making a big leap

2019/08/13 10:18:21

Oil prices jumped on Tuesday after Washington announced a postponement of customs duties on Chinese goods, which traders saw as a lull in the raging trade war between Washington and Beijing.

According to Bloomberg, Brent contracts were trading at $ 60.80 a barrel, up 4% from the previous settlement price.

WTI crude was trading at $ 56.85 a barrel, up 3.5% from the previous close.


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