Crude oil futures traded higher on Friday morning after China indicated its willingness to hold talks with the US on trade tariffs, APA reports citing the businessline.
At 9.56 am on Friday, July Brent oil futures were at $62.53, up by 0.64 per cent, and June crude oil futures on WTI (West Texas Intermediate) were at $59.66, up by 0.71 per cent.
May crude oil futures were trading at ₹5017 on Multi Commodity Exchange (MCX) during the initial hour of trading on Friday against the previous close of ₹4972, up by 0.91 per cent, and June futures were trading at ₹4997 against the previous close of ₹4952, up by 0.91 per cent.