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Oil rises on optimism about prospects for a U.S.-China deal

FILE PHOTO: The sun sets behind a pump-jack outside Saint-Fiacre
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LONDON (Reuters) - Oil prices rose on Tuesday after China signalled progress in trade talks with the United States, but gains were capped by bearish forecasts of a buildup in U.S. crude stockpiles.Brent crude oil was up 31 cents at $59.27 a barrel by 1021 GMT, while U.S. West Texas Intermediate crude was 16 cents higher at $53.47 per barrel. China and the United States have achieved some..
Date Published: Oct 22, 2019
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