Reported about 7 hours ago
Oil prices increased after the US and China decided to extend their pause on higher tariffs, alleviating fears of trade war escalations affecting fuel demand. Brent crude rose by 0.39% to $66.89 a barrel, and West Texas Intermediate increased by 0.34% to $64.18. The extension, announced by President Trump, anticipates a possible trade agreement between the two nations. Additionally, attention is turning to a meeting between Trump and Putin regarding the Ukraine conflict, which may impact global oil flows.
Source: YAHOO