But record US exports and continued anxiety over poor economic data worldwide this year may curb gains. International Brent crude oil futures were at $67.28 a barrel at 0950 GMT, up $0.16, or 0.24%, from their last close. Oil hovers near 2019 highs amid OPEC cutsUS West Texas Intermediate (WTI) crude futures were at $57.39 per barrel, up $0.13, or 0.23%, from their last settlement. WTI futures marked their highest since November 16 at $57.81 a barrel. “Risk appetite across global markets should improve as President Trump extends the deadline of trade talks with China,” Harry Tchilinguirian, Global Oil Strategist at BNP Paribas in London, told the Reuters Global Oil Forum.

Source: The Express Tribune February 25, 2019 14:15 UTC