11.48 AM: Sensex up 150 pts, Nifty below 10,800; SBI, L&T, Tata Motors top gainers

Oil prices rose, buoyed by a drawdown in US crude inventories and signs that China is taking more concrete steps to put a trade war truce with Washington into action.

Crude oil prices have also been supported by OPEC-led supply curbs announced last week, although gains were capped after the producer group lowered its 2019 demand forecast.

International Brent crude oil futures were at $60.47 per barrel, up 0.53 percent, from their last close.

US West Texas Intermediate (WTI) crude futures were at $51.31 per barrel, up 0.31 percent. Source: Reuters.

 

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