Simple rise in world oil prices
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Simple rise in world oil prices
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January 4, 2019
Baghdad - Agencies
Oil prices rose on Friday, reversing past losses after China said it would hold talks with the US government on Jan. 7 and 8 to seek solutions to trade disputes between the world's two largest economies.
Brent crude futures were $ 56.12 a barrel by 5:42 GMT, up 17 cents, or 0.3 percent, from the previous settlement.
US West Texas Intermediate crude futures rose 16 cents, or 0.3 percent, to $ 47.25 a barrel.
The crude fell early in the session on fears that a trade war between China and the United States could lead to a global economic slowdown.
Traders said the price rise came after China's Ministry of Commerce said Friday it would hold deputy-level talks with US counterparts in Beijing on Jan. 7 and 8 as both sides sought to end a dispute that would further damage the economy.
http://www.aljournal.com/ارتفاع-بسيط-لاسعار-النفط-العالمية/
[/ltr]
January 4, 2019
Baghdad - Agencies
Oil prices rose on Friday, reversing past losses after China said it would hold talks with the US government on Jan. 7 and 8 to seek solutions to trade disputes between the world's two largest economies.
Brent crude futures were $ 56.12 a barrel by 5:42 GMT, up 17 cents, or 0.3 percent, from the previous settlement.
US West Texas Intermediate crude futures rose 16 cents, or 0.3 percent, to $ 47.25 a barrel.
The crude fell early in the session on fears that a trade war between China and the United States could lead to a global economic slowdown.
Traders said the price rise came after China's Ministry of Commerce said Friday it would hold deputy-level talks with US counterparts in Beijing on Jan. 7 and 8 as both sides sought to end a dispute that would further damage the economy.
http://www.aljournal.com/ارتفاع-بسيط-لاسعار-النفط-العالمية/
[/ltr]
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