Singapore-Sana
Oil prices fell today on the back of the lack of details on the first phase of a trade agreement between the United States and China.
The benchmark Brent crude futures fell 25 cents to $ 60.62 a barrel, while US West Texas Intermediate crude futures were $ 54.45 a barrel, down 25 cents.
Both stocks rose more than 3 percent last week, their first weekly gain in three weeks.
Global financial markets were supported on Wednesday by the announcement of the first phase of the trade deal and a goodwill gesture from Washington to suspend the threat of tariffs on Chinese products, but investors remain cautious given limited details about the talks.
