Baghdad / Nina / Oil futures fell in the beginning of the weekly trading, today, Monday, while remaining near their highest levels in 3 months, with the near signing of a preliminary agreement ending the trade tensions between the United States and China.

Brent crude futures for February delivery fell 0.20%, or 14 cents, to $ 65.08 a barrel.

In the same direction, US West Texas Intermediate crude for January delivery fell 0.23%, or 14 cents, to $ 59.84 a barrel.

Last week, US President Donald Trump announced that his country had agreed to the first phase of the comprehensive trade agreement with China.

China has also announced the suspension of additional customs fees, to be applied at 5% and 10% on products imported from the United States of America.

News Source: https://ninanews.com/