Oil Prices Rise as China Eyes Trade Talks with the US

Reported about 16 hours ago

Oil prices increased on Friday following China's announcement of its openness to engage in trade discussions with the United States, raising hopes for an easing of tensions in their ongoing trade war. Brent crude futures rose to $62.62 per barrel, while U.S. West Texas Intermediate crude futures climbed to $59.74 per barrel. This development, alongside concerns regarding rising output from OPEC+, may influence future market dynamics.

Source: YAHOO

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