Oil prices rebounded after the biggest losses in recent years

Oil prices climbed about 2% on Friday after posting the biggest losses in recent years as US President Donald Trump imposed more tariffs on imports from China.

West Texas Intermediate crude futures fell by nearly 8%, posting the worst daily performance in more than four years.

Brent crude rose $ 1.21, or 2%, to $ 61.71 a barrel, while US crude futures rose 87 cents, or 1.6%, to $ 54.82 a barrel. the barrel.