A sharp rise in oil prices with the deferral of US duties on China



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Chinese products include laptops and cell phones. The new fees are due to come into effect next month.

World benchmark crude has risen Brent 2.21 dollars, or 3.81%, at 60.82 dollars per barrel at 15.30 GMT.

It has increased Gross contracts USD 2.03, or 3.7%, at USD 56.96 per barrel.

Before Tuesday's gains, Brent was down more than 20% since its peak of 2019 in April.

Earlier today, a premium fell Brent US crude has reached its lowest level since March 2018.

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Chinese products include laptops and cell phones. The new fees are due to come into effect next month.

Brent futures rose $ 2.21, or 3.81%, to $ 60.82 per barrel at 15:30 GMT.

US crude increased $ 2.03, or 3.7%, to $ 56.96 per barrel.

Before Tuesday's gains, Brent was down more than 20% since its peak of 2019 in April.

Earlier in the day, the Brent crude oil premium reached its lowest level since March 2018.

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