- Bullish sentiment appears to be creeping back into oil markets as China and the U.S. agreed to hold trade talks in October while the EIA released another positive report.
Oil was down at the start of trading on Friday, but has shown more life this week after the U.S. and China agreed to hold trade talks in October. Jobs data from the U.S. Labor Department was slightly worrying, with employment gains slowing, but markets are increasingly confident that the Federal Reserve will cut interest rates again this month.
Bullish sentiment appears to be creeping back into oil markets as China and the U.S. agreed to hold trade talks in October while the EIA released another positive report.
