Oil is preparing for weekly gains after the resumption of trade talks between the United States and China

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Oil prices decreased in early trading, but on the right path, compared to a weekly profit more than 3 % after President Trump and Chinese leader Xi Jinping agreed to more commercial talks.

However, the expectations will agree to Opec+ on a significant increase in the output to restore its share in the market and benefit from the seasonal demand still hanging on the market.

Brent crude decreased by 0.6 % to $ 64.95 a barrel, while WTI decreased by 0.7 % to $ 62.95 a barrel.



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