The global economy has started to slow down in 2019, reflecting an impact from USChina trade tensions, as well as the economic cycle in the US.

Brent rose as much as 2.3% to $60.46 a barrel and were at $60.13 per barrel, WTI rose as much as 2.1% to $54.69 a barrel and were at $54.47 per barrel, up 92 cents.

U.S. oilfield services firm Halliburton on Wednesday said it was cutting 650 jobs across Colorado, Wyoming, New Mexico and North Dakota amid slowing oil and gas activity.

Brent was down 9 cents at $58.15 a barrel, West Texas Intermediate was at $52.55, down 8 cents.

EIA forecasts Brent spot prices will average $59/b in the fourth quarter of 2019 and then fall to $57/b by the second quarter of 2020,

Brent rose 34 cents or 0.6% to $58.71 a barrel, WTI was at $53.16, up 35 cents or 0.7%.

Brent rose 12 cents, or 0.2%, to $57.83 a barrel, WTI rose 9 cents, or 0.2%, to $52.54.

“What matters is supply predictability and reliability. We have a business-like approach with our energy partners in Europe and the rest of the world, of a commercial nature with no political reasoning,” Putin added.

“Rosneft has recently adjusted all the new contracts for export supplies to euros. We’ve been notified,” a trader at a company regularly buying from Rosneft told Reuters.

Brent crude rose 47 cents, or 0.8%, to $59.36 a barrel, West Texas Intermediate crude was at $54.29 a barrel, up 67 cents or 1.3%.

Brent were down 52 cents or 0.84% at $61.39 a barrel, WTI were 35 cents or 0.63% lower at $55.56 a barrel.

Germany and the UAE see that there is a great value in close consultations on foreign and security policy, Annen said. "We also want to deepen our cooperation on trade and investment, in particular on exchanging state-of the-art technologies and enabling small and medium-sized companies to succeed in our respective markets," the minister explained.

Brent fell 6 cents to $62.68 a barrel, WTI rose 18 cents to $56.59 a barrel

Brent were at $62.55 a barrel, WTI gained 13 cents, or 0.23%, to $56.62 a barrel.

Brent were down $1.05 cents at $62.05 a barrel, WTI dropped to $56.47 a barrel, down 82 cents.