×
App Icon
The Standard e-Paper
Kenya’s Boldest Voice
★★★★ - on Play Store
Download App

Oil extends gains amid easing US-China trade tensions

Working oil pumps silhouette.

Oil extended an advance after a US industry report signalled a bigger-than-expected draw in nationwide crude inventories and as trade tensions eased between the world’s two largest economies.

Futures in New York added as much as 2.2 per cent after climbing 1.3 per cent Tuesday.

Get Full Access for Ksh299/Week.
Bold Reporting Takes Time, Courage and Investment. Stand With Us.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in