KONTAN.CO.ID - LONDON. Oil prices firmed on Tuesday after U.S. President Donald Trump and Russian counterpart Vladimir Putin agreed to talks on stabilising energy markets, with benchmarks climbing off 18-year lows, though the coronavirus-related demand hit capped gains.
Brent crude was up 7 cents at US$ 22.83 a barrel by 1346 GMT after closing on Monday at US$ 22.76, its lowest finish since November 2002. It hit a session high of US$ 23.87.
U.S. crude was up 52 cents at US$ 20.61 after settling in the previous session at US$ 20.09, its lowest since February 2002. It traded as high as US$ 21.89 a barrel earlier in the session.