Oil firm on China's large trade surplus

On rebound: crude trades above $75 on the back of strong Chinese trade data

US crude oil futures stayed firm above $76 a barrel today as China's bigger-than-expected trade surplus in June eased worries about a slowdown for the global economic recovery and oil demand.

User

Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?

Login