WTI Crude: Oil price rises on hopes for deeper OPEC output cuts, US-China trade talks

WTI crude oil futures rose 16 cents, also up 0.3%, from their last close to $53.71 per barrel. In the previous session, WTI settled 1.8% higher at $53.55 a barrel.
WTI Crude: Oil price rises on hopes for deeper OPEC output cuts, US-China trade talks
WTI Crude: Oil prices climbed early on Friday, building on gains in the previous session, after producer club OPEC hinted at making deeper cuts in supply. Photo: Pixabay
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