Oil climbs on expectations of Fed rate cut

Market also optimistic over US-China trade talks

Oil price: Brent futures for September delivery were up 42 cents, or 0.7%, at $64.13 a barrel at 12:06 pm EDT
Oil price: Brent futures for September delivery were up 42 cents, or 0.7%, at $64.13 a barrel at 12:06 pm EDTPhoto: REUTERS/SCANPIX
Published 30 July 2019, 17:34Updated 30 July 2019, 17:34
ProductionNorth America