Oil prices steady amid hopes for US-China trade deal

TOKYO: Oil prices were steady on Tuesday, holding onto gains from the previous session, after positive comments from the United States and China kept alive hopes that the world’s two largest economies are soon to agree an end their trade war.

Brent crude futures were down 1 cent at $63.64 at 0121 GMT, after rising 0.4 per cent in the previous session.

West Texas Intermediate crude was down 3 cents at $57.98, having risen 0.4 per cent on Monday.