Oil prices rise after signs of U.S.-China trade deal and a drop in U.S. drilling activity
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币界网报道：Oil prices were volatile during today's US session but eventually broke out to the upside due to a combination of factors: economic optimism, positive risk patterns following the US-Vietnam trade deal, a Dallas Fed survey showing that 42% of large US oil producing companies expect to significantly reduce drilling, and overall weakness in the US dollar (related to trade and the US budget). In addition, the US weekly inventory report was mostly bearish and marked a low of $65.18 during the US trading session. Since then, oil prices have risen by nearly $2 to their best level since the Israel-Iran ceasefire.
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