Oil edges up as firmer equities, OPEC cuts counter growth concerns
Updated : June 11, 2019 09:40 PM IST
World shares rallied with US equity markets trading higher on the back of easing trade tensions with Mexico and signs of more fiscal stimulus in China.
Beijing said it will allow local governments to use proceeds from special bonds as capital for major investment projects, in a bid to support the slowing economy amid an escalating trade war with the United States.
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