Oil steadied near $56 a barrel as hints of a trade detente between the U.S. and China, along with the prospect of monetary stimulus, buoyed financial markets.
Author: Saket Sundria and Grant Smith
Oil Steadies as US-China Trade Progress Allays Demand Concerns
Oil steadied near $56 a barrel as hints of a trade detente between the U.S. and China, along with the prospect of monetary stimulus, buoyed financial markets.