Brent crude, used to price international oils, up $2.14 at $68.39 per barrel in London
Oil prices surged while Asian stocks were mixed after an Iranian general was killed by U.S. forces in Iraq.Asian stocks were mixed Friday and oil prices surged after an Iranian general was killed by U.S. forces in Iraq.
The Shanghai Composite Index shed 0.3 per cent to 3,076.73 and Hong Kong’s Hang Seng lost 0.2 per cent to 28,482.88. Taiwan and Singapore also declined. Benchmark U.S. crude was up $1.87 at $63.05 per barrel in electronic trading on the New York Mercantile Exchange. It lost 12 cents the previous day to close at $61.18.
Investors are waiting for Washington and Beijing to formalize a trade deal that has helped ease market jitters over the 18-month-old dispute between the world’s two biggest economies.
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