By Sam Li and Lewis Jackson (Reuters) -Oil prices rose on Wednesday thanks to a decline in U.S. crude inventories and optimism over a meeting between the leaders of the U.S. and China, the world's two largest oil consumers. Brent crude futures were up 22 cents, or 0.34%, to $64.62 a barrel at 0745 GMT. U.S. West Texas Intermediate crude futures rose 20 cents, or 0.33%, to $60.35. On Wednesday, China's foreign ministry said Chinese President Xi Jinping would meet with U.S. President Donald Trump on Thursday in the South Korean city of Busan. It said the meeting would "inject new momentum into the development of U.S.-China relations", adding that Beijing was ready to work together for "positive outcomes". China also said that it was open to continuing cooperation with the U.S. on fentanyl af
Oil rises on optimism over US-China leaders' meeting
The Sunday Guardian11 hrs ago
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