Oil Prices Steady Ahead of US-China Trade Talks
Oil prices were stable on Monday as investors awaited U.S.-China trade talks in London in the hope that a deal could boost the global economic outlook and subsequently fuel demand.
Brent crude futures gained 39 cents, or 0.59%, to $66.86 a barrel by 1205 GMT while U.S. West Texas Intermediate crude rose by 36 cents, or 0.56%, to $64.94.
Brent rose 4% last week and WTI 6.2% as the prospect of a U.S.-China trade deal boosted risk appetite for some investors...
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