×
App Icon
The Standard e-Paper
Join Thousands Daily
★★★★ - on Play Store
Read on the 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
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • 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