SINGAPORE: Oil prices held nearly flat on Thursday after US President Donald Trump said a resolution to the China-US trade rift would come sooner than expected, helping to stave off pressure from rising oil supplies and worries about global growth.
Brent crude futures were at $62.34 a barrel, down 5 cents, or 0.1 per cent, from the previous close, by 0158 GMT.
US West Texas Intermediate (WTI) crude futures were up 6 cents, or 0.1 per cent, to $56.55 a barrel.
