(Bloomberg) — Oil was steady as investors weighed expectations for swelling American crude stockpiles against signs of U.S.-China trade progress.Futures in New York and Brent crude in London were little changed after falling the past two days. U.S. crude inventories probably rose for a sixth time through the week ended Oct. 18, the longest run of gains in almost a year, according to a Bloomberg survey before government data on Wednesday. President Donald Trump said China has indicated talks on a trade deal are advancing, offering a glimmer of hope for global demand.Oil has slid from an April peak as …read more
Source:: Yahoo Finance
