OIL PRICES DEPRECIATE BUT SET FOR BIGGEST YEARLY RISE SINCE 2016

On Tuesday, with the final day of the year, oil prices has experienced a fall. However it also recorded the biggest annual rise since 2016. This price rise is supported by easing trade tensions between Washington and Beijing.

Brent crude oil futures for March delivery were recorded at 11 cents down or quantitatively is at 0.2%, to 66.56 a barrel by 0158 GMT. For February, US West Texas Intermediate (WTI) crude has slipped by 11 cents....