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CRUDE OIL NEWS UPDATED BY TRADELINE COMMODITY

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Oil Prices Gain; Sino-U.S. Exchange War Focus

Oil costs picked up on Monday in Asia following an unstable week as dealers processed the most recent advancement on the Sino-U.S. exchange front.

U.S. Raw petroleum WTI Futures rose 1.0% to $55.33. Worldwide Brent Oil Futures climbed 1.1% to $59.27.

Oil markets swung among additions and misfortunes a week ago as a postponement on taxes on some Chinese products sent rough costs higher however worries of a subsidence and a flood in unrefined reserves put weight on the business sectors.

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