Oil rises on US-China hopes

Federal Reserve's interest rate cut last week, recent weakness in US dollar helped lift prices

Oil price: Brent crude futures for January settled at $62.13 a barrel, up 44 cents
Oil price: Brent crude futures for January settled at $62.13 a barrel, up 44 centsPhoto: REUTERS/SCANPIX
Published 5 November 2019, 00:06Updated 5 November 2019, 00:06
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