Oil Prices Dip as U.S.-China Trade War Eases

Reported 4 months ago

Oil prices saw a slight increase after a pause in tariffs between the U.S. and China, but gains were limited by rising supply. Brent crude rose 1% to $65.61, while West Texas Intermediate climbed 1.2% to $62.67. Analysts caution that increased OPEC+ output and stable Saudi oil supplies may cap further price rises, despite strong demand for refined fuels.

Source: YAHOO

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