Oil rises towards $57 on China-U.S. trade talks, OPEC cuts:: ( WWW.COMMODITY.GURU)

Oil rose towards $57 a barrel on Friday after China said it would hold talks with the United States to look for solutions to a trade dispute, while signs of lower crude supply also supported prices.

The Organization of the Petroleum Exporting Countries cut crude output in December, a Reuters survey showed, and the American Petroleum Institute (API) reported a drop in U.S. crude inventories. OPEC/O

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