Sri Lanka, April 20 -- Crude oil edged more than 2% higher on Wednesday, driven primarily by hopes that tensions will ease in the U.S.-China trade conflict and U.S. inventory data.

At 1:28 p.m. ET, Brent crude was trading up 2.09% at $66.02, while the U.S. benchmark, West Texas Intermediate (WTI), was trading up 2.12% at $62.63.

A weaker U.S. dollar, bullish inventory data, and renewed hopes for easing U.S.-China trade tensions are all boosting crude today, particularly following a Bloomberg report suggesting China may be open to trade talks -pending specific actions from the Trump administration.

Published by HT Digital Content Services with permission from Sunday Observer (Sri Lanka)....