Oil rises on China, US economic data and OPEC+ cut expectations

Oil rises on China, US economic data and OPEC+ cut expectations

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Oil prices ticked up in Asian morning trade on Monday, as market sentiment was buoyed by positive China and U.S. economic data, as well as expectations of ongoing crude supply cuts from major producers. Brent crude was up 17 cents, or 0.2%, at $88.72 a barrel at 0015 GMT. U.S. West Texas…

#caixin #pmi #beijing #federalreserve #expectations #russian #alexandernovak #opec #saudiarabia

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