LIVE CRUDE OIL NEWS UPDATED BY WWW.OCTAMX.COM (9557753468 , 9756212123)

Oil prices rose on Thursday after  the signing of an initial Sino-U.S. trade deal that sets the stage for a surge in Chinese  purchases   of American energy  products, while U.S. crude inventories  fell  more  than  expected. Official U.S.  data  showing  a much  bigger  than  expected  drop in crude oil   inventories, also helped underpin prices, Chauhan  said. Trade  sources  and  analysts said China could struggle to meet  the target and  gains in oil  are likely  to be limited ahead of more detail on how the commitments will be achieved.That sent Brent to highs above $71 a barrel, before prices touched more than one-month lows in advance of the signing  of the U.S.-China deal.

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