Oil rises on China-U.S. talks, gains capped by U.S. fuel build

04 January 2018, New York/London/Singapore — Oil rose 2 percent on Friday after proposed trade talks between the United States and China eased some fears about a global economic slowdown, but gains were capped after the United States reported a sharp build in refined product inventories. Brent crude futures LCOc1 gained $1.10, or 2 percent, … More »