The rebound in oil continues
Indicators of progress in US-China commerce talks have boosted optimism about world development and that is given oil a carry.
WTI crude oil is up $1.60 at the moment to $53.63, which is one of the best degree since December 7.
The rally at the moment additionally clears the 55-dma for the primary time since mid-October. To essentially get issues transferring, crude might want to rise above the December excessive of $54.55.