Rising for the second day in a row…oil rises by about 2%

Oilfor the second day in a row today, and rose by about two percent, supported by hopes of reaching a trade agreement between the United States and China, as well as India.

And futures contracts rose for Brent crude ($1.19), equivalent to (1.9%), to ($62.51) per barrel, while US West Texas Intermediate crude futures rose ($1.24), or (2.2%), to ($58.48).

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