Oil hits 2019 highs on U.S.-China trade hopes, but U.S. output weighs

Oil prices touched their highest since mid-November on Friday and posted weekly gains for the second week in a row, boosted by hopes that U.S.-China trade talks would soon produce a deal, although new record U.S. oil supply limited gains.

from Reuters: Business News https://ift.tt/2SkdFBd