Home » Market News » DirectorsTalk Highlights » Trade hopes lifts oil
Solo Oil Plc

Trade hopes lifts oil

Prices of copper and oil are climbing alongside stocks, highlighting investors’ hopes that a possible U.S.-China trade deal could boost global growth.

Front-month copper futures have gained 4.1% in the past month, while U.S. oil prices have risen 6.7%, helped by a recent spate of unexpectedly sturdy U.S. economic data and reports that officials in the world’s two largest economies are considering rolling back some tariffs to help clinch a partial trade agreement. The gains have helped lift the Bloomberg Commodity Index 2.8% in that time.

Solo Oil PLC (LON:SOLO) is an investment company with the target of acquiring a diverse global portfolio of direct and indirect interests in exploration, development and production oil and gas assets, both on-shore and off-shore.

To read the full news article please click here

Receive our exclusive interviews – Enter your email to stay up to date.

Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.