[Singapore 26th Reuters]-Crude oil futures on the 26th are almost flat. US President Trump's view that the trade agreement with China could be realized sooner than expected, offsets downward pressure from concerns over expansion of crude oil supply and global economic growth. ing.
By 0158GMT (10:58 am JST), North Sea Brent futures <LCOc1> is $ 62.34 per barrel, a 5 cent (0.1%) drop from the previous business day's closing price.
US WTI Crude Oil Futures <CLc1> is 6 cents (0.1%) higher per barrel = $ 56.55.
“With the easing sign of trade friction, a series of bearish indicators that lowered crude oil prices this week have become inconspicuous,” said Stephen Ines, strategist for Asia-Pacific markets for Ax traders.