On Friday Oil rose, growing on profits in the previous trading day, following the producer club OPEC that indicated that it will be moving towards longer cuts in supply while confidence was restored covering talks between the United States and China to achieve an agreement.
U.S. West Texas Intermediate (WTI) crude futures surged 16 cents to $53.70 per barrel. International benchmark Brent crude futures moved up 16 cents to $59.25 a barrel.
New oil tanker explosion shakes oil prices
Daily Analysis - 11/10/2019