Oil prices hovered around three-month highs on Monday following a higher-than-expected crude inventory drawdown and optimism over an expected U.S-China trade deal, while traders kept a close eye on Middle East unrest. Markets showed little immediate reaction to news of U.S. air strikes in Iraq and Syria against an Iran-backed militia group, even as U.S. officials warned “additional actions” may be taken. West Texas Intermediate (WTI) crude futures edged up 1 cent to $61.73 a barrel by 0210 GMT. …read more
Source:: Yahoo Finance
