OIL PRICES GAVE RELIEF AS US DRILLING ACTIVITY STARTS

Oil prices fell after an increase in US crude oil and natural gas drilling activity. Oil prices hold near three-month highs on hopes for a trade deal between the US and China.

Brent Crude oil drops down at 22 cents, or 0.33 percent, at $65.92 per barrel. West Texas Intermediate was down by 25 cents, or 0.41 percent, at $60.19 a barrel.

Oil prices are on a rise since the biggest importer and exporter signed phase-one of the ....