BUSINESS

Oil Prices On The Rise

Oil prices rose early on Monday, extending last week’s gains amid rekindled hopes that the U.S. and China could reach a trade deal.

There are also growing signs of a tightening market, driven by OPEC’s production cuts and U.S. sanctions on Iran and Venezuela.

West Texas Intermediate (WTI) is up 0.70 percent at $56.13.

Readers Bureau

Edited by Jesus Chan

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