On the morning of January 9, world oil prices are rising by more than 1% against the background of investors' hopes that the US and China will be able to resolve their trade contradictions. This is evidenced by the data of the auction.

As of 8.25 Moscow time, the price of March futures for North Sea Brent crude oil mixture rose by 1.41% – to $59.55 per barrel. The cost of February futures for WTI crude oil rose by 1.65% to $50.60 a barrel.

On January 7, bilateral negotiations between China and the United States on trade and economic issues started in Beijing, Prime reports. Foreign Ministry spokesman Lu Kahn said that China hopes to resolve trade disputes on the basis of equality and mutual respect. As US Secretary of Commerce Wilbur Ross told CNBC, countries can quickly come to an agreement on pressing issues during the negotiations.

This news from the beginning of the week supports the value of "black gold".