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Brent oil rises 0.35% to $ 64.85

Brent oil rises 0.35% to $ 64.85

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The price of a barrel of Brent oil for delivery in March ended today at the London futures market at $ 64.85, 0.35% more than at the end of the previous session.

The North Sea oil, a benchmark in Europe, concluded the day at the International Exchange Futures with an increase of $ 0.23 compared to the last negotiation, when it closed at $ 64.62.

The barrel has remained virtually unchanged for the past seven days, in response to the possibility that China and the United States put an end to their trade war.

The commercial pre-agreement that both countries have sealed has kept the negotiations in the oil futures market stable .

Thus, the reduction of tensions improves expectations about the evolution of demand from China, the world’s largest importer of crude oil.

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