Oil holds around $60 as U.S.-China trade hopes support
Share:
LONDON (Reuters) - Oil steadied above $60 a barrel on Friday as hints of progress in the U.S.-China trade dispute balanced concerns about slowing global economies and oil demand.The world's two largest economies are preparing for new talks aimed at curbing the spat that has lasted for over a year. They have been making conciliatory gestures ahead of the talks, cheering investors."Both sides have made further displays of goodwill," said Stephen Brennock of broker PVM. "The upshot is that no..