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Positive trade boosted optimism, with international oil prices rising on Friday (November 15). The settlement price of West Texas light oil futures on New York Mercantile Exchange in December 2019 was $57.72 per barrel, up $0.95, or 1.7%, from the previous trading day, with a trading range of $56.43-57.97; the settlement price of Brent crude oil on London Intercontinental Exchange in January 2019 was $63.3 per barrel, up $1.02, or 1.6%, from the previous trading day, with a trading range of $61.7-63.65. US oil and cloth oil rose more than 2% in the session, respectively refreshing their highs since September 24 to $57.97/barrel and $63.65/barrel.
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