Oil prices subdued, investors await outcome of Trump-Xi meet

Global oil prices traded flat on Thursday morning ahead of the much-anticipated meeting between the US and Chinese presidents in Beijing.

At 7:40 am, the July contract of Brent on the Intercontinental Exchange was trading at $105.62, down 0.01% from its previous close, while the June contract of West Texas Intermediate on the NYMEX was 0.02% higher at $101.04 a barrel.

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