Oil up on hopes for US-China trade deal

Dispute has led analysts to lower oil demand forecasts, raise concerns about 2020 supply glut

Oil price: Brent crude rose 0.9%, to settle at $62.29 a barrel — Oil price: Brent crude rose 0.9%, to settle at $62.29 a barrelPhoto: REUTERS/SCANPIX

Reuters

Production Americas North America

Published 8 November 2019, 00:02Updated 8 November 2019, 00:02