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OIL: A buoyant session for risk assets & a softer USD supported crude overnight,
with markets focusing on the extended U.S.-China trade talks. WTI broke above
$50.00, adding ~$0.80 at writing, with Brent prices rising by a similar amount.
- This came after the latest API inventory estimate reportedly revealed a ~6.1mn
bbl fall in headline crude stocks, while the builds for both gasoline &
distillates topped exp, according to the same report.