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Oil futures end higher as U.S. trade deals raise expectations for energy demand


Friday, 17 January 2020 03:06 WIB

Minyak WTI


Oil futures ended higher on Thursday, with prices bouncing back after settling a day earlier at their lowest level since December.

The U.S. and China made the first phase of their trade deal official on Wednesday and the Senate approved the U.S.-Mexico-Canada Agreement on Thursday, boosting prospects for U.S. energy demand.

February West Texas Intermediate oil tacked on 71 cents, or 1.2%, to settle at $58.52 barrel on the New York Mercantile Exchange.

Source: Marketwatch


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