05/11/2019 11:41
Oil steadies after gains driven by trade optimism
Oil prices steadied on Tuesday as investors kept an eye on U.S. inventory data due later, following two days of gains on positive economic data and hopes for a Washington-Beijing trade deal.
Brent crude futures LCOc1 were up 4 cents at $62.17 a barrel at 0330 GMT after gaining 0.7% in the previous session.
U.S. crude futures CLc1 were down 1 cent at $56.53 a barrel. They gained 0.6% on Monday.