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Oil prices firm on trade hopes, but record US output drags

Updated : February 22, 2019 02:24 PM IST

International Brent crude futures were at $67.18 per barrel at 0746 GMT, 11 cents above their last close, but below $67.38 per barrel reached earlier this week.
US West Texas Intermediate (WTI) crude oil futures were at $57.15 per barrel, up 19 cents, but below this week's $57.55 per barrel 2019 high.
Prices remained below 2019 peaks reached earlier this week as US crude oil production hit a record 12 million barrels per day (bpd) and its exports also surged.
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