UPDATE 2-Oil increases by 2% at the settlement with anticipation of reduction of the rates



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Direct: Oil prices rose more than 2% at Tuesday's trading, with forecasts that the Federal Reserve will cut interest rates, boost the economy and increase demand growth.

Investors are looking at the Federal Reserve's rate decision against expectations of a cut, as well as on US President Donald Trump's demands for a substantial reduction in interest rates.

A new round of trade talks between Washington and Beijing began with a US delegation to China, the first since the resumption of trade talks last month.

In this context, the US president accused China of procrastinating in trade negotiations pending the US presidential election of 2020.

The US Petroleum Institute must announce inventory data for the week.

On settlement, the futures NYMEX futures for September delivery rose 2.1% to $ 58.05 per barrel.

At 6:45 pm GMT, the Brent benchmark for September shipments rose 1.6 percent to $ 64.71 per barrel.

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